Seller Guide - From Start to SOLD - Flipbook - Page 32
CONTINGENCY
PERIOD
In real estate, a "contingency" refers to a condition of the Agreement of
Sale that needs to occur in order for the transaction to keep moving
forward. As the buyer, there are many contingencies that they can choose
to include in your contract.
Passing this period, if everything looks good at this point, there are just
two more stages before closing: a title search and transfer of ownership.
By working closely with me and other industry experts, you'll be better
able to understand what contingencies are all about, when they're most
likely to be necessary, and what you can do to make sure you're in the best
position possible for dealing with contingencies when they arise.
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