The BINSR (Buyer's Inspection Notice and Seller's Response) in Arizona is used to:
Question & Answer
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Cancel the contract
While a buyer can ultimately cancel the contract if the seller's BINSR response is unsatisfactory, the BINSR itself is not a cancellation form — the buyer would use a separate Cancellation of Contract form or exercise the inspection contingency to formally cancel.
Request repairs or credits after inspection
Disclose seller's knowledge
Seller disclosures are handled through a separate document called the Seller's Property Disclosure Statement (SPDS), which is completed by the seller before or at the time of contract execution, not during the inspection response phase.
Extend the closing date
Extending the closing date requires an addendum to the purchase contract, such as the AAR's Additional Clause Addendum or a specific Extension Addendum — the BINSR has no mechanism or legal authority to alter closing timelines.
Why is this correct?
Answer B is correct because the BINSR's primary function is to give the buyer a formal, written mechanism to request repairs, monetary credits, or price reductions based on findings from the inspection period, as defined in the AAR Residential Resale Real Estate Purchase Contract. The form requires the seller to respond within a specified timeframe — typically five days — by agreeing, partially agreeing, or rejecting the buyer's requests, which then determines whether the buyer proceeds, renegotiates, or cancels. This structured response process is the defining purpose of the BINSR form.
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