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Form 6 7 Amend Re Purchase Contract DOC

Form 6 7 Amend Re Purchase Contract DOC

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hello today's contract tip has to do with the amendment that you use during the due diligence timeframe so regardless of which contract you are binding under either the GAR or the re forms when a buyer and a seller have agreed in that contract for the buyer to have a due diligence timeframe or in the re forms the same time period is referred to as the buyers right to terminate period it refers to the same thing it is an option contract for the buyer for a specified number of days whatever the buyer and the seller have agreed upon so during that timeframe as you know that is the timeframe within which for the buyer to decide are they going to proceed with the contract or are they not they also have the opportunity to make themselves 100% satisfied with their purchase before choosing to proceed or not so within that timeframe they have the opportunity to have all kinds of inspections done they can have an independent home inspection they can have a termite inspection they can have a zoni

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