Hi deal_with_singh,deal_with_singh wrote: ↑ "to be found satisfactory: a home inspection"
Your buyer pretty much has an out as long as he gets the inspection done, he doesn't have to share the report with you just has to say he didn't find it satisfactory.
No need to overthink this, you'll be better off just letting him walk and relist like others mentioned. It's an "Easy out clause".
I have to politely disagree with your statement that the buyer pretty much has an easy out as long as he gets the inspection done. The words 'to be found satisfactory' is subjective - satisfactory to whom? and how satisfied does that person(s) have to be? I wouldn't want to take a chance on this wording in a court of law.
There are often used clauses written by OREA for a reason and any agent who chooses not to use them is 1) not protecting their client and 2) nor themselves and just looking for trouble.