Inspection Contingency Clause Term Meaning in Real Estate - Guide

The inspection contingency clause is an offer in the contract that lets buyers perform inspections during a certain period of time.

Devika Arora

7 years ago

Published Date: Jun 15, 2018

Updated Date: Mar 27, 2024

The inspection contingency clause is an offer in the contract that lets buyers perform inspections during a certain period of time.

During the inspection, a home buyer is expected to check for all amenities that have been promised by the buyer. If some major amenities are missing, buyers can choose to back out on the deal or negotiate for repairs or closing credits.

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