Contracts
Under Wisconsin's Real Estate Condition Report, a buyer who receives the report after the offer is accepted has the right to:
AAutomatically rescind the contract
BRescind the contract within 2 business days if the report discloses new information✓ Correct
CDemand the seller fix all disclosed defects
DReduce the purchase price by the cost of repairs
Explanation
If a buyer receives the Real Estate Condition Report after the offer is accepted, the buyer has 2 business days to rescind the contract if the report discloses unfavorable information not previously known to the buyer.
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