Are inspections tied to termination-option periods?
Is a buyer required to complete his inspections during the termination-option period?
No. The right to inspect the property is in Paragraph 7A of the contract, there is not a contractual tie to the termination option in Paragraph 23. However, most buyers will want to complete their inspections during the termination-option period, so they can exercise their right to terminate if they are not satisfied with the condition of the property after receiving the inspector’s report.
The buyer also has a tight to re-inspect the property at reasonable times, according to the contract. A seller who refuses to permit inspections at a reasonable time would be in breach of the contract.