What Does Mean Contingent

In general it predicates the states of things facts events or propositions needs and it is normal to misunderstand. In real estate if a property is marked as contingent it means that an offer has been made and the owner accepted it.

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Contingent in real estate means that the sale of a home is under contract but includes one or more contingencies.

What does mean contingent. What does contingent mean. A contingent status means a real estate listing indicating that the seller has accepted an offer but that there are contingencies that prevent the sale from being finalContingencies are special conditions or requirements set by the buyer before fully agreeing to the purchase. For example a purchase agreement has a contingency that states that the.

For the seller this means they are eager to see if other less contingent offers come in. In real estate contingent means the current homeowner has accepted an offer from a prospective buyer and the offer comes with contingenciesContingencies are conditions that either the buyer or seller or both the buyer and seller must meet for the sale of the home to pull through. Our plans are contingent on the weather.

Contingent definition dependent for existence occurrence character etc on something not yet certain. Most transactions will have some sort of contingency. Almost all contingencies in the agreement will be from the buyer but they can.

How to use contingent in a sentence. Synonym Discussion of contingent. There are some national sites that may list a home as contingent when the status her Louisville is actually ACTIVE UNDER CONTRACT.

What Is a Contingent Offer. However in the past a contingent contract referred to a situation where the buyer still needed to sell another house in order to close on the home they are buying. In North Carolina a Contingent listing is simply a listing that is under contract with a buyer.

A group of people representing an organization or country or a part of a military force. A contingent is a way of being or characteristic of something as to what may or may not be depending on the case not necessary but possible. What does Contingent Mean.

There can be a discrepancy in listings across so many different real estate sites. So many buyers sellers and real estate. What Does Contingent Mean in Real Estate.

Contingent means an offer has been accepted by the seller but there are contingencies that need to be met before house ownership changes hands. If a property is pending the provisions on a contingent property were successfully met and the sale is being processed. A contingent offer means that an offer on a new home has been made and the seller has accepted it but that the final sale is contingent upon certain criteria that have to be met.

When a home sale is listed as contingent it means that the seller has accepted an offer with contingencies. What does for mean. But what does contingent mean.

A property listed as contingent means the seller has accepted an offer but theyve chosen to keep the listing active in case certain contingencies arent met by the prospective buyer. However its contingent instead of sold because one or both parties have requested certain provisions which the other party has yet to approve. In a real estate deal contingent means that a sale is only going to go through if certain conditions are met.

A contingency is certain criteria in the purchase agreement that needs to be met before the sale can be final. What does Contingent mean. Understanding the meaning of contingent is key.

The seller has accepted an offer from a buyer but there are conditions that either the buyer or the seller has put down as requirements for the final sale to be approved. What Does Contingent Mean in Real Estate. Pass a home inspection.

Does Contingent mean Pending. What does contingent mean. Contingent means the seller of the home has accepted an offerone that comes with contingencies or a condition that must be met for the sale to go through.

What does contingent in real estate mean. Two common ones would be inspections and. The definition of contingent is something that depends on something else happening or som.

Conditional often followed by on or upon. Contingent Continue To Show CCS If a homes status is Contingent - Continue to Show the seller has accepted an offer but there are multiple contingencies that must be addressed. Contingent definition is - dependent on or conditioned by something else.

There are several common contingencies that many home buyers include with their offers.

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