There are a few different kinds ofpending salesin real estate. The more common types include: 1. Pending – taking backups The seller accepted an offer on their home, but something hit a snag in the final stages; perhaps there was an issue with a contingency on the offer. Now, the sel...
Twitter Google Share on Facebook contingent remainder n. an interest, particularly in real estate property, which will go to a person or entity only upon a certain set of circumstances existing at the time the title-holder dies. Examples of those potential circumstances include surviving one's ...
As a general term, contingent means “upon certain conditions being met.” In the context of real estate, it means that the buyer and seller have agreed to the terms of a purchase and sale agreement, but only if certain conditions are met. This is common in real estate because there are...
The young heir's contingent of the estate was smaller than he had hoped for 这位年轻的继承人所得的遗产份儿比他希望的要少。Whether or not we arrive on time is contingent on the weather 我们是否按时到达要视天气情况而定。By my will, my son has the contingent use of my real pr...
By definition, it means a future event or circumstance that is possible but cannot be predicted with certainty. In real estate, this clause defines a condition or action that must be met in order for a real estate contract to become binding (as aforementioned, with a home sale contingency in...
So, when that word “contingency” comes up in today’s real estate market, what can it mean for buyers and sellers? Home Sale Contingencies In many cases, when a contingency is attached to a home sale transaction, it comes along on behalf of the buyer. Many buyers, who already own...
CLPConstruction Linked Plan(real estate) CLPConstituency Labour Party(UK politics) CLPCertified Lotus Professional CLPCurly Leaf Pondweed(aquatic plant) CLPChina Light and Power(Hong Kong) CLPCisco Learning Partner CLPChina Law & Practice(Euromoney Legal Media Group) ...
Included in the computation of such fees or commissions shall be any real estate commission, selection fee, Development Fee, Construction Fee, nonrecurring management fee, loan fees or points or any fee of a similar nature, however designated. Excluded shall be Development Fees and Construction ...
Business Solutions & Consulting Education Entertainment Financial & Brokerage Services Government and Public Sector Healthcare Hospitality & Travel Mass Media Manufacturing & Engineering Real Estate Software Technology Have a project with us?Feel free.Get in Touch...
A beneficiary is a person you designate in your will or trust to receive property from your estate when you pass away. You candesignate specific beneficiariesto inherit any property and assets that you own, including real estate, heirlooms, investments and financial accounts. ...