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Updated almost 8 years ago on . Most recent reply

User Stats

471
Posts
95
Votes
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
95
Votes |
471
Posts

Inspection Clause Cancellation Fairness

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I've done a lot of assignment of contract wholesale deals using a contract that includes an "inspection clause" that allows the buyer to cancel the agreement basically for any reason during the inspection period.  I'd like some feedback from the BP community on the fairness of this clause in that it gives the buyers a chance to cancel but locks in the seller. 

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