Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago,

User Stats

7
Posts
0
Votes
Steve Leonard
0
Votes |
7
Posts

AB side under Contract...Inspection Period for End Buyer? BC Side

Steve Leonard
Posted

Morning BP Family,

Quick Question.  I have a property under contract and plan to do a Double Close.  On the BC Buy/Sell Agreement what should my contract say for an Inspection Period?  Is something like below adequate or should they have say a 3-5 day Inspection period or something?  Close is scheduled for 2 weeks form now on the AB Buy/Sell Agreement.  Thank you for the advice.  What else is important for the BC contract other then "Contract cannot be assigned" and "Cannot Market property until close and Title transferred"

INSPECTION. Buyer has Inspected the property prior to this agreement being signed or has forfeited their desire to do so.
Buyer understands that this property is being sold 'AS IS' and releases Seller of any and all responsibility for repairs.

Thank you!