Termite infestations can be a frustrating and costly experience for homeowners. Usually, the best solution to eradicate termites is by hiring professional termite control services. Termite contracts or warranties are generally provided by such services to homeowners to guarantee complete termite eradication and prevention for a specific period.
However, a common question that often arises among homeowners is whether or not termite contracts are transferable when they sell their home. Let us explore this topic in more detail.
Firstly, it is important to understand what a termite contract is. Essentially, it is an agreement between the homeowner and the termite control service provider to provide regular termite inspections, treatment and control services for a specific period. The contract typically covers any costs related to termite treatment and repair of termite damage during the contractual period.
When homeowners decide to sell their home, they are often required to provide a disclosure statement to the buyer outlining any known issues with the property. This includes termite infestations or prior termite damage that has been treated by a professional service provider. In such scenarios, it is necessary to consider whether the termite contract is transferable to the new homeowner.
The answer to this question depends on the specific terms of the contract. Some termite contracts may allow for the transfer of the agreement to a new homeowner, while others may not. If the contract is transferable, then the new homeowner can enjoy the same benefits offered by the original agreement.
However, if the contract is not transferable, the seller may need to either cancel the existing agreement or pay for a new termite control service agreement for the new homeowner. It is crucial for the homeowner to review the terms of the contract carefully and understand the process for transferring or canceling the agreement.
In conclusion, the transferability of a termite contract depends on the specific terms of the agreement. It is important for homeowners to review their termite contracts carefully and understand the process for transferring or canceling the agreement when it comes to selling their home. By doing so, homeowners can avoid any potential complications or legal issues and ensure that their property remains protected from termite infestations.