Contracts
In South Dakota, a real estate purchase contract with an 'inspection contingency' generally gives the buyer the right to:
AMake unlimited demands for repairs regardless of cost
BHave the property professionally inspected and, if unsatisfied, negotiate repairs or terminate the contract within the contingency period✓ Correct
CDemand the seller replace all appliances found to be working but old
DExtend the inspection period indefinitely
Explanation
An inspection contingency allows the buyer to have the property inspected within a specified period. If the inspection reveals unsatisfactory conditions, the buyer may negotiate repairs or credits, or terminate the contract and recover their earnest money.
Related South Dakota Contracts Questions
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