WebWhat does contingent mean in real estate? When a property is marked as contingent, an offer has been accepted by the seller. Contingent deals are still active listings because … Webcontingent Significado, definición, qué es contingent: 1. a group of people representing an organization or country, or a part of a military force: 2…. Aprender más.
7 Takeaways: What Does Contingent Mean in Real Estate?
WebLaw Dictionary – Alternative Legal Definition. An event that may or may not happen, a doubtful or uncertain future event. The quality of being contingent. A fortuitous event, which comes without design, foresight or expectation. A contingent expense must be deemed to be an expense depending upon some future uncertain event. WebSee synonyms for contingent on Thesaurus.com. adjective. dependent for existence, occurrence, character, etc., on something not yet certain; conditional (often followed by on … tami a biographie
Contingent - Redfin
WebJun 30, 2024 · In real estate, “contingent” is a status indicating that the seller has accepted a buyer’s offer that includes contingencies, or in layman’s terms, specific requirements that must be met for the sale to close. If the buyer is unable to meet the contingencies, then they can back out of the agreement with their earnest money in hand. WebCONUS, a technical term used by the U.S. Department of Defense, General Services Administration, NOAA/National Weather Service, and others, has been defined both as … WebMay 2, 2024 · In many ways, the meaning of contingent in real estate isn’t that different from its general definition: When something is dependent on something else happening. (Like a weekend picnic might be contingent on there being no rain.) In real estate, a contingency means that a property sale will only go through once certain criteria are met. tamica smith jeuitt