Contracts
A NH buyer makes an offer on a property contingent on obtaining a home inspection 'satisfactory to the buyer.' This type of contingency is:
AInvalid in NH because it is too subjective
BA subjective contingency that gives the buyer broad discretion to walk away based on inspection results✓ Correct
COnly valid if specific defects are identified in advance
DA standard warranty that the property is in perfect condition
Explanation
A 'satisfactory to the buyer' inspection contingency gives the buyer subjective discretion—they can walk away from the deal if they are not satisfied with the inspection results, even for relatively minor issues. Some sellers prefer contingencies with specific repair thresholds to limit buyer discretion.
Related New Hampshire Contracts Questions
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