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 102 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
YES! Correct, THANKS for helping me on my review

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W
A typical battery-powered 3/8 inch drive impact wrench. A typical battery-powered 3/8 inch drive impact wrench.
A typical electric cooling fan assembly showing the radiator and related components. A typical electric cooling fan assembly showing the radiator and related components.
A typical two-step ECT circuit showing that when the coolant temperature is low, the PCM applies a ... A typical two-step ECT circuit showing that when the coolant temperature is low, the PCM applies a ...
Typical Mendelian pattern of inheritance of HLA haplotypes includes children AC, BC, AD, and BD. ... Typical Mendelian pattern of inheritance of HLA haplotypes includes children AC, BC, AD, and BD. ...
Typical leaf structure of eudicots (left) and monocots (right). Typical leaf structure of eudicots (left) and monocots (right).
Video: Decubitus Ulcer

For a complete list of videos, visit our video library