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Termite Clause

Definition of "Termite clause"

Khalil Hachem
  Coldwell Banker Preferred

Provision in a contract for the sale of real property that gives the purchaser the right, at his or her expense, to have the property inspected for the existence of termites. If, in fact, termites are determined to be present, the clause generally requires that the seller remedy the situation, that is, treat the property for the infestation. If the seller chooses not to exterminate the termites, the buyer has the right to cancel the sales contract.

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