A conditional contract is a more general term meaning any contract containing one or more conditions that must be fulfilled for the contract to be fully binding. Simply put, all contingent contracts are conditional ones but not all conditional contracts are contingent ones. The conditions in a con...
About the Author: The above Real Estate information onthe meaning of contingent in real estatewas provided by Bill Gassett, a Nationally recognized leader in his field. Bill has expertise in mortgages, financing, moving, home improvement, and general real estate. Learn moreabout Bill Gassettand t...
There are a few different kinds of pending sales in real estate. The more common types include: Pending - Taking Backups The seller accepted an offer on their home, but something has hit a snag in the final stages; perhaps there was an issue with a contingency on the offer. Now, the ...
What does contingent mean in real estate? Contingent means the seller has accepted an offer, but certain conditions need to be met before the sale closes. This means there’s still a chance that thesale could fall throughand the house goes back on the market, should those conditions go unme...
Finally, the coefficient of livelihoods is positive and significant at 10 per cent, meaning that if the household's livelihoods are more related 6 Before entering the variables into the model, the correlation coefficients be- tween independent variables used in the model were checked. The result ...