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disclosure statement to the purchaser no later than the time the | | purchaser makes an offer to purchase, exchange or option the | | property or exercises the option to purchase the property pursuant | | to a lease with an option to purchase. |
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| | | 2.__Terminate contract.__If the property disclosure statement | | is delivered to the purchaser after the purchaser makes an offer, | | the purchaser may terminate any resulting real estate contract or | | withdraw the offer no later than 72 hours after receipt of the | | property disclosure statement. |
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| | | 3.__Withdrawal without penalty.__If the purchaser terminates a | | real estate contract or withdraws an offer in compliance with | | this section, the termination or withdrawal of offer is without | | penalty to the purchaser and any deposit must be promptly | | returned to the purchaser. |
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| | | 4.__Rights waived.__Any rights of the purchaser to terminate | | the real estate contract provided by this section are waived | | conclusively if not exercised prior to settlement or occupancy, | | whichever is earlier, by the purchaser in the case of a sale or | | exchange, or prior to settlement in the case of a purchase | | pursuant to a lease with option to purchase.__Any rights of the | | purchaser to terminate the real estate contract for reasons other | | than those set forth in this section are not affected by this | | section. |
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| | | 5.__Invalidated.__A transfer subject to this subchapter is not | | invalidated solely because of the failure of any person to comply | | with this subchapter. |
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| | | §175.__Change in circumstances |
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| | | 1.__Inaccurate information.__If information disclosed in | | accordance with this subchapter becomes inaccurate as a result of | | any action, occurrence or agreement after the delivery of the | | property disclosure statement, the resulting inaccuracy does not | | constitute a violation of this subchapter. |
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| | | 2.__Supplemental disclosure.__If prior to settlement or | | occupancy an owner has actual knowledge of an error, inaccuracy | | or omission in the disclosure after delivery of the property | | disclosure statement to purchaser, the owner shall supplement the | | property disclosure statement with a written supplemental | | disclosure. |
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| | | §176.__Disclosure statement not warranty |
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| | | A property disclosure statement and any supplement to a | | property disclosure statement are not a warranty by the owner or | | the owner's agent.__The property disclosure statement and any |
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