Final answer:
If a seller and buyer cannot agree on repairs, the contract's outcome is based on its specified terms. Potential results include termination on specific deadlines or the use of forms to change objection deadlines. A service contract may also influence negotiations of repairs and associated termination causes.
Step-by-step explanation:
If the seller and buyer cannot come to terms on the buyer's requested repairs, the fate of the contract depends on the specific terms outlined within. The generic outcomes on contract termination due to unresolved repair issues tend to involve deadlines specified in the contract. The Inspection Notice form may indeed offer a way to modify deadlines for objections; however, if no agreement is reached regarding the requested repairs, and depending on the contract's clauses, the potential outcomes include:
- The contract could terminate 24 hours after the resolution date.
- The buyer may not be allowed to withdraw the inspection requests, which could result in the termination of the contract.
- The Inspection Notice form may be filed to change the objection deadline.
- The contract might terminate at midnight on the resolution deadline stated in the contract.
However, exact outcomes will vary based on the contract's terms and applicable laws. A service contract can affect these terms, as it might include the seller's agreement to fix or replace certain items within a determined period. This could potentially influence negotiations on repairs and the clauses surrounding termination due to unresolved issues.