Contracts
In Idaho, a real estate purchase agreement may be rescinded by both parties until:
AThree business days after signing
BClosing✓ Correct
CThe offer is communicated as accepted
DThe property passes inspection
Explanation
Once a purchase agreement is fully executed (signed by all parties with acceptance communicated), either party can only rescind by mutual written agreement. There is no automatic 3-day rescission right in Idaho for standard real estate purchases.
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