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 these ...

A contingency clause is a contract provision that requires a specific event or action to take place in order for the contract to be considered valid.

Contingency clauses are protections homebuyers can include in their purchase contracts. They offer buyers a way to back out of the deal if certain conditions aren't met. Inspection, appraisal ...

A mortgage contingency is a condition written into a real estate purchase contract that the buyer indicates must be met in order for them to close on the purchase. Buyers use these contingencies ...

A “contingent or “contingent sale” status means that a home may be under a contract with a buyer but may still be active in case certain contingencies aren’t met.

Discover the three most common contract contingencies and what protections they provide. Get Newsletter. Home About About Us Contact Newsroom Email Newsletter ...

A contingency is a clause in a contract that allows either the buyer or the seller to back out of the contract in certain situations. An appraisal contingency protects the buyer.

This contingency status gives buyers unlimited time to meet contingencies in their contract without losing out on the home sale. Contingent with a kick-out clause.