What is typically included in the buyer's responsibilities during a real estate transaction?

In a real estate transaction, the buyer plays an active role in ensuring that the property they are interested in is suitable for their needs and is in good condition. One of the key responsibilities typically included in the buyer's role is arranging for a property inspection. This step allows the buyer to assess the condition of the property thoroughly. A property inspection can uncover any potential issues, such as structural repairs, plumbing, electrical systems, or pest problems, which may influence the buyer's decision or negotiation strategy.

By initiating an inspection, the buyer demonstrates due diligence, ensuring that they are making a well-informed investment. This process can also provide leverage in negotiations if significant issues are identified, allowing the buyer to request repairs or a price reduction. Given that the other options implicate roles or responsibilities that are more aligned with sellers or agents, arranging for property inspection accurately reflects a buyer's obligations within the scope of a real estate transaction.