Inspection Contingency in Florida Real Estate
An inspection contingency is a contract provision giving the buyer the right to inspect the property within a specified timeframe and, based on the results, negotiate repairs, request credits, or cancel the contract. In Florida, the inspection contingency is one of the most important buyer protections in residential transactions.
Standard FAR/BAR Contract Terms
- Inspection period: Typically 15 days from the effective date (negotiable)
- Buyer’s expense: All inspections are paid by the buyer
- Scope: Buyer may inspect any aspect of the property
- Outcome options: Request repairs, request credits, accept as-is, or terminate
Recommended Florida Inspections
- General home inspection (structure, roof, systems, appliances)
- Wind mitigation inspection (insurance discount qualification)
- Four-point inspection (required for older homes by insurers)
- WDO/termite inspection
- Mold inspection (critical in Florida’s humidity)
- Sewer scope (camera inspection of sewer lines)
- Pool/spa inspection
- Environmental (radon, lead paint for pre-1978 homes)
As-Is vs. Standard Contract
- As-is contract: Buyer can cancel for any reason during inspection period; no repair obligation on seller
- Standard contract: Includes repair limit and negotiation process; termination rights depend on repair resolution
Related Terms
- Due Diligence — Pre-purchase investigation
- Earnest Money — Deposit at risk
- Closing — Transaction completion
- Contract — Purchase agreement
Barnes Walker Real Estate
Barnes Walker’s real estate attorneys advise buyers and sellers on inspection contingency strategy in Manatee and Sarasota county transactions. Request a legal inquiry for assistance.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC