1. Peter Cox Ltd
issues this Guarantee subject to payment of its account in full
and in accordance with the
contract terms and conditions.
2. Peter Cox Ltd
guarantees to the Client for 20 years from the end of the month
of completion that upon being
notified as soon as reasonably
possible of the continuation or recurrence of an infestation by
woodworm in any
timbers treated or attack by
wood-rotting fungi in any replacement timbers treated under the
contract against
those insects or fungi
specified in the survey report, it will, provided the Client has
kept the Property well
repaired and maintained, upon
production of this Guarantee, the survey report (including any
drawings) and
specification and the
pre-payment of a re-inspection fee (which shall be refunded
should treatment under the
terms of the Guarantee be
required) inspect those timbers and carry out such further
treatment as may be
necessary to eradicate that
infestation by those insects in those timbers and/or to
eradicate that attack by
those fungi in those timbers in
accordance with its original terms and conditions.
3. This
Guarantee shall not apply, however, to an attack originating
from an adjoining property.
4. In the event
of any transfer of ownership of the property covered by this
Guarantee Peter Cox Ltd will recognise
the successor in title as the
person entitled to the benefit of this Guarantee for its
remaining term subject to
their application for
re-assignment and the payment by them of the company’s then
current transfer
administration fee within 90
days of the transfer of ownership.
5. Peter Cox Ltd
undertakes to deal with any claim under its Guarantee promptly
and fairly; this Guarantee is in
addition to the Common Law and
Statutory Rights of the client which shall remain unaffected. |
