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 139 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

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Structure of a typical plant cell Structure of a typical plant cell
Example of Tabular List organization levels and formatting. Example of Tabular List organization levels and formatting.
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
A typical oil pump mounted in the front cover of the engine that is driven by the crankshaft. A typical oil pump mounted in the front cover of the engine that is driven by the crankshaft.
Typical sandwich bar Typical sandwich bar
Typical pattern of the stages of labour for first births and subsequent births Typical pattern of the stages of labour for first births and subsequent births
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library