Contracts
In Kentucky, an inspection contingency allows the buyer to:
ARenegotiate the price only after the inspection
BCancel the contract or negotiate repairs based on inspection findings✓ Correct
CRequire the seller to make all repairs regardless of cost
DExtend the closing date indefinitely
Explanation
An inspection contingency gives the buyer the right to have the property inspected and, based on findings, to cancel the contract, request repairs, or renegotiate terms.
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