Contracts
In Hawaii, which of the following facts, if learned after signing a purchase contract, would NOT typically allow the buyer to cancel without penalty?
AA. Discovery of a previously undisclosed material defect during inspection
BB. The buyer's financing falls through because they forgot to disclose a debt on the application✓ Correct
CC. The property fails to appraise at the purchase price under a valid appraisal contingency
DD. The seller cannot deliver marketable title due to an unresolved lien
Explanation
If the financing falls through due to the buyer's own failure to disclose information (self-created problem), they may not be entitled to escape the contract without penalty.
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