See item C2 there should be a similar paragraph in your contract..
shall have __________ days (5 days if blank) after receipt of the completed TRR form from Seller’s
Broker, if applicable, to obtain costs estimates. Seller agrees to pay up to $________________ (“Repair
Cap”) of costs of TRR’s. If Seller, or Seller’s Broker, if applicable, obtains cost estimates which exceed
Repair Cap, Seller, or Seller’s Broker, if applicable, shall notify Buyer or Buyer’s Broker, if applicable, in
writing, within two days after receipt of cost estimates.
If the amount of the
TRR’s exceed the amount of the Repair Cap, Buyer and Seller shall have __________ days
(3 days if blank) thereafter to negotiate the payment of costs in excess of Repair Cap. If a written agreement is
reached, Seller shall complete all agreed TRR’s prior to the Closing Date. If an agreement is not reached within
the time specified in this provision, the Contract shall become null and void and Earnest Money returned to Buyer