Contracts
A Wisconsin buyer who is unable to obtain financing must provide written notice to the seller that they are exercising their financing contingency by the:
ADay before closing
BDeadline stated in the WB-11 financing contingency✓ Correct
CClosing date
DAcceptance date
Explanation
The buyer must exercise the financing contingency by the deadline stated in the WB-11; failure to provide timely written notice of the contingency exercise may waive the contingency.
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