Contracts
What is an addendum for inspection contingency in Ohio?
AA form waiving inspection rights
BA contract addition providing the buyer the right to inspect the property and either request repairs or cancel within a specified period✓ Correct
CA government inspection requirement
DA seller's disclosure of known defects
Explanation
A home inspection contingency addendum gives the buyer a specific period to conduct inspections. Based on results, the buyer can: accept the property, request specific repairs, negotiate a price reduction, or cancel the contract and receive earnest money back.
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