Contracts
In Arizona, the BINSR (Buyer's Inspection Notice and Seller's Response) is used during:
AThe initial offer and acceptance process
BThe inspection period to communicate the buyer's requests and seller's responses regarding property conditions✓ Correct
CThe closing process
DThe appraisal period
Explanation
The BINSR is used after inspection to allow the buyer to request repairs or remedies, and for the seller to accept, reject, or counter. If not resolved, the buyer can cancel and receive their earnest money back.
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