Contracts
In Colorado, the 'Walk-Through Inspection' provision of the CBS contract gives the buyer the right to:
AA. Renegotiate the purchase price based on any changes discovered
BB. Conduct a final walkthrough inspection before closing to verify the property's condition is consistent with the contract and any agreed-upon repairs have been made✓ Correct
CC. Refuse to close if the property is not in perfect condition
DD. Cancel the contract within 24 hours of the walkthrough for any reason
Explanation
The pre-closing walkthrough inspection allows the buyer to verify that the property's condition has not materially changed since the inspection, that agreed repairs have been completed, and that the seller has left included personal property and removed excluded items. It is not an opportunity to renegotiate the contract but to confirm the existing terms have been met.
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