Typical Troublesome Scenario
You have just found the perfect home and you are ready to sign the purchase offer. Either you failed to fully read the contract or your home state’s laws allow you the right to terminate the contract if you are dissatisfied with the home inspection, so you assume you have the same rights in Florida and happily sign the contract. The home inspection report later reveals problematic issues that prompt you to want to immediately terminate the contract, but you soon learn that the form contract you signed does not afford you with such right. Instead, you are now forced to proceed under a contract to purchase a home you no longer desire.