In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...
If you are buying a home, there are two things you should never, under any conditions, waive. The first is home inspection, along with your right to unilaterally withdraw your offer based on the ...
Add Yahoo as a preferred source to see more of our stories on Google. Q: We are under contract to buy a home. We are trying to set up the inspection during the time the contract allows, but the seller ...
Reader Question: We are making an offer on a home. The inspection contingency has a right-to-cure clause where we give the seller the right-to-cure any defects found or deny the seller the right to ...
A kick-out clause is a clause written in real estate contracts, usually in the context of home sales. It applies when someone has made a contingent offer to buy the house. The kick-out clause says ...
Q: We are under contract to buy a home. We are trying to set up the inspection during the time the contract allows, but the seller did not allow access until the last minute. Now we are up against the ...
QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...