Arizona Purchase Contract | Changes During Escrow

    This section states that if there are any changes to the Seller Property Disclosure Statement or if there are any items that are warranted in section 5a, that the Seller must immediately notify the Buyer and that such notice will be an update of the SPDS. The Seller is also obligated to correct or repair the changed item and the Buyer has five days after delivery to provide notice of disapproval to Seller. For example, if the AC unit stops working, the Seller is bound to disclose, then correct or repair. Pretty simple, right?

    The contract language states: Seller shall immediately notify Buyer of any changes in the Premises or disclosures made herein, in the SPDS, or otherwise. Such notice shall be considered an update of the SPDS. Unless Seller is already obligated by Section 5a, or otherwise by this Contract or any amendments hereto, to correct or repair the changed item disclosed, Buyer shall be allowed five (5) days after delivery of such notice of disapproval to Seller.

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