If you are searching for the meaning of Contingency in real estate and also a definition of Contingency, then this blog post is helpful for you
Definition
A provision in a contract stating that some or all of the terms of the contract will be altered or
voided by the occurrence of a specific event. A common example is a Buyer who enters into the
purchase of another home before his current home is sold. The Buyer will usually ask for the Seller
to make the sale contingent upon the sale of the Buyer’s current home. If the seller receives
another offer for the property, the first Buyer must either agree to buy the home without any
contingency, or step aside and let someone else purchase the home.
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