Q: What is required to cancel a AZ RE purchase contract in the state of AZ during the buyers 10 day inspection period?
A: The cancellation of a purchase contract is governed by its terms. In the Arizona Association of Realtors® Residential Resale Real Estate Purchase Contract, cancellation during the inspection period is governed by Section 6j, and generally involves notice to the seller of the intention to cancel as provided in that section.
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