ContractsContingenciesEASY
A due-diligence contingency gives the buyer 15 days to investigate the property. What types of matters can the buyer typically investigate during this period?
Correct Answer
A) Zoning, title, environmental conditions, property condition, and feasibility
A due-diligence contingency gives the buyer broad investigative rights covering zoning, title, environmental conditions, physical condition, and overall feasibility.
Answer Options
A
Zoning, title, environmental conditions, property condition, and feasibilityB
Only the title historyC
Only the physical condition of the propertyD
Only the mortgage interest rateWhy This Is the Correct Answer
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Related Topics & Key Terms
Key Terms:
contingenciescontractsdue_diligenceinvestigation
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