Important Tips for Completing a Residential Contract for Sale and Purchase – Part 12(f) Continued: Property Maintenance, Condition, Inspections and Examinations

Property Inspection and Repair                                      

Section (f) contains information on the repair standards, assignment of repair, treatment contracts, and warranties. This section states that all repairs and replacements under the contract must be completed in a good and workmanlike manner by a licensed person. These repairs must also be done using quality materials that are comparable or better than those existing as of the Effective Date of the Contract. Not including the repairs following a WDO inspection as detailed in the Contract, the Seller will assign all the repair, treatment and warranties maintenance contracts and warranties to the Buyer. This will take place at Closing and be at Buyer’s option and cost.