What happens if required disclosures and documents are not provided to the buyer?

When required disclosures and documents are not provided to the buyer, the buyer has the right to cancel the contract without penalty. This provision is designed to protect buyers and ensure that they have all necessary information before finalizing a purchase. The law mandates that certain disclosures must be made to inform the buyer of any material facts that could affect their decision. If these disclosures are omitted, the contract may be deemed invalid or unenforceable, allowing the buyer the option to withdraw from the agreement without facing any penalties or consequences. This ensures that buyers are not locked into a contract when they do not have all relevant information at hand to make an informed decision.