Contracts
In Maine, when a buyer 'waives' an inspection contingency in writing, they are:
AReserving the right to inspect later
BGiving up their right to cancel based on inspection results✓ Correct
CAgreeing to a reduced price
DAllowing the seller to conduct the inspection
Explanation
Waiving an inspection contingency means the buyer voluntarily gives up their right to cancel or renegotiate based on inspection results. This is often done in competitive markets but carries risk if defects are later discovered.
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