Contract Contingencies

A contingency is a provision in a contract allowing one (or both) of the parties to terminate the agreement if certain specified conditions are not met. For example, a financing contingency may state that if the buyer is unable to obtain a mortgage for a certain amount within 60 days the contract may be terminated.

More Real Estate Related Terms

- Build To Suit - Builder / Developer - Commercial - Builder / Developer - Residential - Business / Accounting Office Assistant / Staff - Business Broker

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