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.

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.