This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a contingency? List and describe the contingencies found in the typical agreement of sale? ... (Read 137 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Aug 3, 2018
What is a contingency? List and describe the contingencies found in the typical agreement of sale?
 
  What will be an ideal response?

Question 2

________ are short-term, high interest loans made usually to financially strapped individuals who need an infusion of cash for one reason or another between paychecks.
 
  Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Reply #1 on: Aug 3, 2018
Answer to Question 1

A contingency is an item that must be satisfied before the sale of the real estate can go
forward. A contingency not satisfied will cause the contract to fail. A mortgage contingency states that the sale will be completed if the buyer is able to obtain a mortgage with particular terms. Sale of another home contingency says that if the buyer is unable to sell another home in order to have the funds to purchase the present property, the agreement is terminated. Many agreements contain an inspection contingency granting the buyer the right to conduct an inspection of the property and give the seller an opportunity to correct any deficiencies or defects.

Answer to Question 2

Payday loans


Haya94

  • Member
  • Posts: 558
Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Carnivorous plants, such as this pitcher plant (Sarracenia purpurea) are commonly found in bog habit Carnivorous plants, such as this pitcher plant (Sarracenia purpurea) are commonly found in bog habit
Standard Medical Record and Types of Reports Found in Record Standard Medical Record and Types of Reports Found in Record
A typical 1/2 inch drive air impact wrench. The direction of rotation can be changed to loosen or ... A typical 1/2 inch drive air impact wrench. The direction of rotation can be changed to loosen or ...
A typical eye wash station. A thorough flushing of the eyes with water is the first and often the ... A typical eye wash station. A thorough flushing of the eyes with water is the first and often the ...
A cutaway of a typical water pump showing the long bearing assembly and the seal. The weep hole is ... A cutaway of a typical water pump showing the long bearing assembly and the seal. The weep hole is ...
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library