The seller and the buyer sign a Contract to purchase an old “tear down” home. In the backyard there are several broken-down cars and oil drums that have made it difficult for the buyer to inspect the home during the inspection period. These cars and oil drums were in the backyard at the time that the buyer was first shown the home. Can the buyer require the seller to pay for the cost to move the cars and oil drums in order for the buyer to inspect the home during the inspection period?
The buyer lives in New York and signs a Contract for a home in Arizona, solely based on information and photos on the Internet. During the ten-day Inspection period, the buyer has inspections performed by a home inspector and a termite inspector. The buyer personally does not inspect the home during the ten-day Inspection Period. Two months after closing the buyer moves from New York to Phoenix, and for the first time inspects the home. The buyer is very unhappy with the home, and wants to rescind the transaction. Does the buyer have a six-month right of rescission if the buyer did not inspect the home?
The seller and the buyer executed the Contract for the home on Friday, June 30. Although the buyer wanted to begin the inspections of the home immediately, both the seller and the listing broker left town for four days over the July 4th weekend and could not be contacted. The buyer now wants to begin the ten-day Inspection Period on July 5, but the seller refuses to amend the contract to permit an additional four days for the buyer’s inspections. Is the buyer entitled to extend the ten-day Inspection Period an additional four days due to the unavailability of the seller and the listing broker for four days?
The Ten-Day Inspection Period expired on January 8. On January 8 the buyer faxed to the seller an amendment to the Contract to extend the inspection period to January 11. The seller did nothing. On January 11 the buyer sent to the seller a Notice of Cancellation of the Contract because of a defective roof. Is this cancellation by the buyer effective?