Contracts
A Montana purchase agreement includes a home inspection contingency. If the inspector finds significant defects, the buyer may:
AOnly cancel the contract and receive their deposit back
BRequest repairs, a price reduction, or cancel the contract as specified in the contingency terms✓ Correct
CRequire the seller to make all repairs before closing
DOnly accept or reject the property with no negotiation
Explanation
A home inspection contingency in Montana typically gives the buyer the right to request repairs or credits, negotiate a price reduction, or cancel the contract and receive their earnest money back, depending on the specific contingency language.
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