What Does “Contingency Basis” Mean for You?If you are considering a personal injury lawsuit of any type, it’s important to find a lawyer who works on a contingency basis.What does this mean? This means that a lawyer’s fee depends on the verdict or settlement they get for you....
What Does “VE” Mean In Construction By: James Anderson • Building & Construction What Does “Rough” Mean In Construction By: Amelia Brooks • Building & Construction What Does “Contingency” Mean In Construction By: Grace Wilson • Building & Construction What Does ISO Mean In Con...
In the context of a life insurance policy, the term “contingent” refers to a condition or event that must occur for a certain action or outcome to take place. It is essentially an if-then scenario, where the fulfillment of the contingency triggers a specific provision within the policy. ...
What does pending mean in real estate? When a property is marked as pending, an offer has been accepted by the seller and all contingencies have been satisfactorily addressed or waived. Pending deals are no longer considered active listings. A home will remain in the pending state until all ...
If a buyer does manage to sell their home quickly, the contingency will be met. This will mean that the sale canmove towards closing, and the listing changes from contingent to pending. What is a Kick-Out Clause If the buyer cannot sell their home, and the seller has a second offer on...
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What is active listening and why is it necessary? What is the first step in the performance appraisal process? (a) What is a control account? (b) What purpose does it serve? What is the objective of value pricing? What should be considered when evaluating a training room?
What Does Waiving an Appraisal Mean? Many home buyers will ask their real estate agent what a no appraisal contingency means. They usually ask because one of their friends is buying a home, and they hear theappraisal was waived. Two parties can waive an appraisal – the lender and the home...
Contingency Fees:In certain cases, such as real estate litigation or property disputes, attorneys may agree to work on a contingency fee basis. With contingency fees, the attorney's payment is contingent upon achieving a successful outcome for the client. For example, the attorney will only be ...
What Does It Mean to Be an Entrepreneur? An entrepreneur is an individual who starts their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business. ...