What is the default length of the inspection period in Arizona?

In Arizona, the default length of the inspection period is set at 10 days. This time frame is outlined in the Arizona Association of Realtors Residential Purchase Contract, where it provides buyers with an opportunity to conduct inspections on the property they are interested in purchasing. During this period, buyers are encouraged to inspect the property for any issues that could affect their decision to proceed with the purchase.

Understanding the importance of this inspection period is critical for both buyers and sellers. It protects buyers by giving them a chance to uncover any significant defects or concerns about the property before finalizing the purchase. If issues are identified during this time, the buyer can negotiate repairs or adjustments to the sale contract. Thus, the 10-day default inspection period is a standard practice within Arizona's real estate transactions, ensuring that buyers have a sufficient window to make informed decisions regarding their investments.