The BINSR (Buyer's Inspection Notice and Seller's Response) in Arizona is used to:
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Cancel the contract
While BINSR might lead to contract cancellation if issues aren't resolved, the form itself doesn't cancel contracts. Cancellation would require a separate notice following specific contract procedures.
Request repairs or credits after inspection
Disclose seller's knowledge
Seller disclosures are handled through Arizona's Seller's Property Report (SPR), not BINSR. BINSR focuses on inspection findings rather than seller knowledge.
Extend the closing date
BINSR doesn't extend closing dates. Date extensions are typically handled through separate addenda or contract amendments.
Why is this correct?
BINSR allows buyers to request repairs or credits based on inspection findings. This is the form's primary purpose - it creates a formal process for buyers to document inspection issues and propose solutions, while giving sellers a structured way to respond.
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