contingency: What Happens When I Remove Contingencies?
- 12/13/07 07:17 AM
Last week we talked about the term contingency and what it means. As a recap, contingencies are a way of qualifying your obligation to fulfill a contract. In real estate contracts we talk often of removing or waiving your contingencies. What does it mean to remove or waive your contingencies? Simply put, it means that you are now saying that the particular contingency you are removing or waiving is no longer a part of the contract. Though waiving and removing an item from a contract are technically different legally, in real estate the end result is usually identical - you can no … (0 comments)
Last week we talked about the term contingency and what it means. As a recap, contingencies are a way of qualifying your obligation to fulfill a contract. In real estate contracts we talk often of removing or waiving your contingencies. 
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