Contracts
A contingency in a Hawaii purchase contract that allows the buyer to obtain an inspection and cancel if defects are found is typically called an:
AAppraisal contingency
BInspection (due diligence) contingency✓ Correct
CTitle contingency
DFinancing contingency
Explanation
An inspection (due diligence) contingency allows the buyer to have the property inspected and, if unsatisfactory conditions are found, to negotiate repairs or cancel the contract and recover the earnest money.
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