Contracts
Under the FAR-BAR 'AS IS' Residential Contract for Sale and Purchase, the buyer's inspection period is:
AFixed at 7 days from contract execution
BFixed at 10 days from effective date
CAs agreed upon by the parties and stated in the contract✓ Correct
DRequired by law to be a minimum of 15 days
Explanation
The FAR-BAR AS IS contract contains a blank for the inspection period that the parties negotiate and fill in. There is no statutory minimum period — it is a negotiable term.
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