Question: A conditional contract, or a contract with a contingency, is unenforceable until the condition or contingency is met or removed. True or False? Explain. Name
A conditional contract, or a contract with a contingency, is unenforceable until the condition or contingency is met or removed. True or False? Explain.
Name three of the more common contingencies in a real estate contract.
If buyers cannot get mortgage financing as outlined in the mortgage
financing clause of a contract, what are the possible results?
Explain the difference between a condition and a contingency.
What is the purpose of an addendum?
In a home inspection addendum, what clauses are normally seen?
What hazardous materials are commonly mentioned in contingency language?
Contingency language never contains remedial language. True or False? Explain.
What is a right of first refusal?
Under what condition is a notice to terminate utilized?
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