Every house buyer must consider the following four typical contingencies:
What is a common contingency clause?
Contingency clauses give one or both parties a means to back out of a real estate agreement if a set of predetermined requirements are not met. In other words, certain requirements must be met for the sale to go through.
Do sellers like contingent offers?
A buyer could include any condition in a contingent offer, but sellers are unlikely to accept it. A contingent offer must be signed by both parties after all conditions have been agreed upon by them both. Sellers are not required to accept every contingency that a buyer adds to the agreement.
Learn more about contingent offers: https://brainly.com/question/16992715
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