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An inspection contingency is an addendum to a contract that gives buyers the right to have a professional house inspector or other third party examine the property within a certain period of time after the agreement to purchase has been signed.
Ironically, if the agreement called for a 7-day inspection period, the contingency would end a day EARLIER, on Wednesday. Why? Because according to the contract?s computation of time, any period greater than 5 days includes all days (but still must end on a business day).