Contracts
An Oregon purchase contract is 'subject to buyer's review and approval of CC&Rs.' This is a type of:
AFinancing contingency
BDue diligence or document review contingency✓ Correct
CAppraisal contingency
DTitle contingency
Explanation
A CC&R review contingency is a due diligence contingency allowing the buyer to review the homeowners association documents (CC&Rs, bylaws, financial statements) and terminate the contract if the terms are unacceptable. It is separate from financing, appraisal, and title contingencies.
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