Sarah submits an offer on a property with a building inspection condition that must be satisfied within 10 working days. On day 8, she receives a satisfactory building report but forgets to notify the vendor. What happens on day 11?

Option A: The condition is automatically satisfied since the report was satisfactory

A satisfactory building report alone doesn't automatically satisfy the condition. The condition requires formal notification to the vendor within the specified timeframe. Without proper notification, the condition remains unfulfilled regardless of the report's content, demonstrating that procedural requirements are as important as substantive outcomes in property law.

Option C: Sarah has another 5 working days to provide notification

There is no automatic extension period in standard sale and purchase agreements. The 10 working day timeframe is absolute, and failure to meet it results in the condition being unfulfilled. Extensions would require mutual agreement between parties or specific contractual provisions, which aren't mentioned in this scenario.

Option D: The vendor can choose to waive the condition on Sarah's behalf

Only the party who benefits from the condition (the purchaser) can waive it, not the vendor. The vendor cannot unilaterally waive a condition that was inserted for the purchaser's protection. This would undermine the purpose of protective conditions and create potential for coercion or unfair advantage.