In Arizona the buyer has 10 days from the full execution of the purchase contract to decline to move forward with the purchase upon a specific objection(s) or agree to move forward provided that the seller make certain repairs.
If the seller agrees to the offer and has not signed it yet, it can be rescinded. According to Arizona law, buyers may also cancel their purchase for a full refund until midnight of the third business day after the sale.
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The information for this answer was found on our Arizona Real Estate Purchase Agreement answers.