Contracts
Under Colorado's Contract to Buy and Sell, the 'Appraisal Objection Deadline' allows the buyer to terminate if:
AThe appraisal is completed late
BThe property appraises below the purchase price and the buyer timely objects✓ Correct
CThe buyer disagrees with the appraiser's methodology
DThe appraisal shows any value lower than the listing price
Explanation
The Appraisal Objection Deadline allows a buyer to terminate the contract if the property appraises below the purchase price. The buyer must object in writing by the deadline.
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