What is the difference between a Termite Clearance Letter and a Termite Bond?
When it comes to real estate in Georgia there are two types of homes:
1. Houses that HAVE TERMITES.
2. Houses that WILL HAVE TERMITES.
Nearly every real estate contract written in Georgia stipulates a request that the SELLER PROVIDE, AT NO COST TO THE BUYER, A TERMITE CLEARANCE LETTER PRIOR TO CLOSING.
Many times that request will go on to request a TRANSFERRABLE TERMITE BOND (Warranty on the treatment) for one year at no cost to the buyer.
Understanding the distinction between a clearance letter and a bond is very important.
A TERMITE CLEARANCE LETTER indicates that the property has been inspected by a certified, licensed professional pest control company and they found NO ACTIVE INFESTATION OF TERMITES.
A TRANSFERRABLE TERMITE BOND indicates that the property has previously been treated for termites and is under warranty with the pest control company.
DRA Homes Real Estate
An Affiliate of Maximum One Realty Greater Atlanta
5041 Dallas Highway, Suite 700, Powder Springs, GA 30127
Office Phone: 770-919-8825 ext. 318