ContractsMEDIUM
A Texas buyer discovers significant foundation issues during inspection. They may:
Correct Answer
B) Request repairs or terminate during option period
During the option period, buyers can request repairs, negotiate, or terminate for any reason.
Answer Options
A
Automatically terminate without penaltyB
Request repairs or terminate during option periodC
Sue the seller immediatelyD
Reduce the earnest moneyVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
texas-option-periodcontract-termination-rightsseller-disclosure-requirementsearnest-money-deposits
Key Terms:
option periodTREC Paragraph 23earnest moneyoption feebuyer termination rights
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