Contracts
A NH purchase and sale agreement clause stating 'seller to repair roof prior to closing or reduce price by $8,000' is a:
AVoid provision
BConditional provision or negotiated contingency addressing a specific defect✓ Correct
CStandard language in all NH contracts
DOnly enforceable if a licensed contractor estimates exactly $8,000
Explanation
Specific repair or credit provisions negotiated between buyer and seller become part of the binding contract. This type of clause gives the seller options: repair or provide a credit — a common negotiated outcome after inspections.
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