A buyer discovers a significant structural issue during the final walk-through on closing day that was not present during the home inspection two weeks prior. What are the buyer's options under typical Canadian real estate law?
Correct Answer
B) The buyer can delay closing to negotiate repairs or compensation with the seller
Material changes to the property condition between inspection and closing can justify delaying the transaction to address the issue. The buyer has the right to negotiate with the seller for repairs, compensation, or potentially withdraw if the issue represents a fundamental change to the property's condition or value.
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