10/12/2026
Buying or selling property involves more than agreeing on a price.
The purchase agreement may include contingencies, or conditions that must be satisfied for the transaction to move forward as outlined in the contract. Depending on the transaction, contingencies may address issues such as financing, inspections, appraisals, or the sale of another property.
Why do they matter? The specific language and deadlines in a real estate contract can affect each partyβs rights and obligations if a condition is not met.
Before signing an agreement or making decisions about a contingency, it is important to understand what the contract actually requires. Marine View Law provides personalized guidance and legal clarity when you need it most.
π https://marineviewlaw.com/real-estate-law/