How soon should buyers read the title commitment after receiving it, according to the AAR purchase contract?

Buyers should read the title commitment within five days of receipt according to the Arizona Association of Realtors (AAR) purchase contract. This timeline is stipulated to ensure that buyers have adequate time to review the document for any potential issues or concerns regarding the title of the property they plan to purchase. Prompt review allows buyers to address any title-related discrepancies, raise questions, or take necessary actions in a timely manner, which is essential for a smooth transaction process. Understanding title commitment is crucial for buyers as it details the legal ownership of the property and any encumbrances or liens that may affect their ownership rights.