Contracts
Under Texas law, the 'buyer's right to terminate' in a TREC residential contract without an option period exists primarily when:
ABuyers have absolute right to terminate at any time
BSpecific contract contingencies (financing, title, property condition per the contract's terms) are not met✓ Correct
CThe seller fails to deliver the property clean
DInterest rates rise after signing
Explanation
Without a negotiated option period, the buyer can terminate only for reasons specified in the contract, such as failure of the financing contingency, unacceptable title, or seller's failure to meet specific contractual obligations. Without an option, the buyer cannot terminate simply because they change their mind.
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