Nonrefundable Despoit Clause in Offer ?

[David Kimball]

I am about to make an offer on an AS-IS SKELETON 3-family using the seller's realtor's contract. I'm wondering if anyone has thoughts about this clause in the contract:

"If this Contract is legally and rightfully cancelled, the Buyer CANNOT get back the deposit and any money paid and the parties will be free of liability to each other."

There is also no inspection contingency written in there.

Shouldn't I request that at least an oil tank inspection contingency be included, or even a general non-specific inspection contingency? And that the nonrefundable deposit clause be reworded so that IF there is something wrong upon inspection, I can back out fully and get the deposit back?

Huge thanks!