Contracts
An Alabama purchase contract's inspection contingency typically gives the buyer the right to:
ACancel the contract for any reason
BHave the property inspected and negotiate repairs or cancel the contract based on inspection results✓ Correct
CDemand that the seller make all repairs identified
DExtend the closing date by 60 days
Explanation
An inspection contingency allows the buyer to have professional inspections performed and, depending on results, to negotiate repairs with the seller or cancel the contract.
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