Note: Under
lines 42-43 of the HOA Addendum, the buyer has five days to cancel the
contract after receiving the HOA documents,
even if the inspection period has expired. The reason for this longer
time period is that, although the buyer has control over such
inspections as home inspections and termite inspections that can be done
during the inspection period, the buyer cannot control the time of the
delivery of such documents as the HOA documents.