Contracts
Under the Pennsylvania Association of Realtors (PAR) Standard Agreement for the Sale of Real Estate, what is the default period for a buyer to conduct a home inspection?
A5 days from execution
B7 days from execution
C10 days from execution✓ Correct
D14 days from execution
Explanation
The PAR Standard Agreement for the Sale of Real Estate sets a default 10-day inspection period from the date of execution (when the agreement is signed by all parties). During this period, the buyer may conduct property inspections, review findings, and negotiate repairs or credits with the seller.
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