But what if the seller signs the purchase and sale agreement, then decides they want to cancel the deal? Is it legal? Are ...

Real estate contingencies provide a way for one or both parties to back out of a real estate contract if certain specified conditions are not met — in other words, the sale is contingent upon ...

After warnings of layoffs, Portsmouth school leaders are hopeful teachers and staff will be offered re-employment for 2025-26 ...

The work on the new Louisville VA Medical Center has provided the project team opportunity to set the standard for future ...

The owner contingency in this scenario is an amount set aside to cover any adjustments requested by the owner. With GMP (guaranteed maximum price) contracts, owner contingencies are frequently used.

“Buyers have more power now in the market because of all the extra inventory.,” Fairweather said. “That means that buyers can put down less earnest money, And if you have a low earnest money amount, ...

When you buy an annuity, some contracts will ask you to designate a contingent annuitant, which is the person who will receive payments after you die. Not all annuities allow for a contingent ...

Under the guaranteed maximum price (GMP) construction contract delivery method, great care and attention must be given by the owner in setting ...

The contract was awarded Tuesday to Burkhardt Construction Inc. for services related to the historic park's overhaul.