Louisiana Real Estate Commission
BUYER RESPONSE TO PROPERTY INSPECTION
PROPERTY DESCRIPTION
Municipal Address
Subdivision
Lot Number
City
Parish
RESIDENTIAL AGREEMENT TO BUY AND SELL
Dated
Name of Buyer
Name of Buyer
Name of Seller
Name of Seller
Inspections allowed by the Residential Agreement to Buy and Sell have been completed. The reports and the conditions stated
therein are satisfactory and hereby approved by BUYER.
Inspections allowed by the Residential Agreement to Buy and Sell have been completed. The reports and the conditions stated
therein are unsatisfactory and hereby not approved by BUYER. Deficiencies and the desired remedies are listed below:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
BUYER has attached a copy of all applicable inspection reports. Remedy of any or all of the deficiencies listed herein are to be made
at SELLER expense.
SELLER shall respond in writing within seventy-two (72) hours after receipt of this Buyer Response to Property Inspection, or within
seventy-two (72) hours after SELLER DESIGNATED AGENT has received this Buyer Response to Property Inspection, whichever is
earlier. Seller response shall be made on the Seller Response to Property Inspection form (Page 2).
If SELLER refuses to remedy any or all of the deficiencies listed herein, BUYER shall have seventy-two (72) hours from the date of the
Seller Response to Property Inspection, or from the date that such response was due, whichever is earlier, to (a) accept the Seller
Response to Property Inspection, or (b) accept the Property in its current condition, or (c) terminate the Residential Agreement to Buy
and Sell. BUYER response shall be made on the Buyer Final Response form (Page 2).
If BUYER fails to respond in writing to the Seller Response to Property Inspection within the seventy-two (72) hours specified herein,
or if BUYER elects to terminate the Residential Agreement to Buy and Sell, the Agreement shall be automatically ipso facto null and
void, with no further action required by either party, except for return of the Deposit to the BUYER.
This agreement does not void any prior written agreement between the parties for the correction or repair of other property
deficiencies that are not listed herein, and any prior written agreement shall remain binding on the parties.
Signature of Buyer
Date/Time
Signature of Buyer
Date/Time
Acknowledgement of Receipt
Seller Designated Agent Signature
Date/Time
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