What is a contingent contract? A contingent contract is a contract that includes terms that only become effective when certain conditions have been met. In other words, specific terms within the contract will be contingent on a particular outcome either happening (or not), hence the name. ...
Leverage- Your negotiating power for a contingent offer will be reduced because your offer is less attractive. This can lead to less favorable terms in price and others Considerations for seller Marketing- A home under contract is harder to market as buyers and agents may prefer the clarity ...
The right of first offer is a similar concept. Like the ROFR, the ROFO is an agreement between two parties. Both give the holder the chance to make the first offer on an asset before the owner puts it on the market. The difference is that the seller does not have to accept the offer...
The latter involves maximum risk, and is strongly discouraged by Broker.” For San Jose area home sellers who would like to receive a non-contingent offer, the odds are increased if you do thorough pre-sale inspections: home, pest, roof, chimney, and possibl...
A contingent house listing means thatan offer on a new home has been made, the seller has accepted it and the home is now under contract. But before the final sale can advance, some criteria needs to be met. How do you use the word contingent?
The seller can’t accept another offer after signing the contract, but a new buyer can step in if the sale falls apart. The seller can accept backup offers while the home is listed as “subject to” conditions. A Contingent Offer Could Fall Through ...
The average 50 year old woman takes four prescription drugs – usually on a semi-permanent basis; many elderly patients take a dozen or more. And we pay more for these drugs too, compared to other countries. Average annual spending on prescription drugs is over $1,000 per person and 16.7...
A headhunter is a recruitment professional who is hired to fill high-level vacancies on behalf of a client company. They are typically paid a percentage of the new hire's salary, contingent upon finding a suitable candidate. Sponsored
What is the Reception Clause? What is a contingent contract in business law? What is the Loyalty Clause? What is a collective resistance? What is an implied contract in business law? What is an accord in business law? What constitutes an offer in contract law?
She goes on: “I know there are people who don’t like the term furparents or furkids but I fully embrace being known as a furmumma. Hence, I call them my family members rather than my pets. To each, their own!” Another contributor, LH writes, “Being a parent is not only abou...