A buyer makes an offer on a residential property with a condition precedent for obtaining a satisfactory RPR with compliance, to be delivered to the buyer by 5:00 PM on November 20th. On November 19th, it becomes clear that the RPR will not be available by the specified time due to surveyor delays. What is the most appropriate action for the buyer?

Question: A buyer makes an offer on a residential property with a condition precedent for obtaining a satisfactory RPR with compliance, to be delivered to the buyer by 5:00 PM on November 20th. On November 19th, it becomes clear that the RPR will not be available by the specified time due to surveyor delays. What is the most appropriate action for the buyer?

Answer options:

• The buyer should waive the condition to proceed with the purchase without an RPR. ✅ The buyer should ask the seller for an extension of the condition deadline.
• The buyer should terminate the contract immediately without waiting for the RPR.
• The buyer must wait until 5:00 PM on November 20th to see if the RPR arrives late.

Correct answer: The buyer should ask the seller for an extension of the condition deadline.

Explanation: When it's anticipated a condition cannot be met by the specified deadline, the appropriate action is to seek an amendment to the contract, typically an extension of the condition deadline, which requires agreement from both parties. Waiving the condition or terminating prematurely without cause could have contractual implications depending on the specific wording.