Palmdale, CA asked in Real Estate Law for Arizona

Q: After an offer is excepted to purchase a home in arizona how long does the buyer have to cancel the offer?

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1 Lawyer Answer

A: An offer cannot be cancelled after it is accepted without the agreement of both parties. However, even if an offer is accepted and a contract is formed, the terms of such contract likely permits a buyer a certain amount of time to conduct various forms of inspection and cancel the contract if the buyer disapproves of its findings. The cancellation of a contract will be governed by its terms.

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