Common use of Basement Clause in Contracts

Basement. The Purchaser acknowledges that the basement of the Dwelling unit will undergo an initial “drying out” period. The Purchaser covenants and agrees to defer finishing all or any part of the basement until at least one (1) year after the Closing Date.

Appears in 4 contracts

Sources: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale