In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...

When you’re working in an online document, the “undo” function can be an invaluable tool. So can a contingency clause when you’re looking to buy or sell a home. Real estate contingencies provide a way ...

We have had our home on the market for three months, and finally received an offer last week. The price that the buyer is offering is fine with us, but the contract includes a “loan contingency” ...

A kick-out clause is a clause written in real estate contracts, usually in the context of home sales. It applies when someone has made a contingent offer to buy the house. The kick-out clause says ...

Scott Mollen discusses "Mason v. Pembroke NY," where a purchaser breached contract by failing to comply with mortgage contingency clause in applying for a larger mortgage than permitted by the clause, ...

Buying a home or investing in real estate is a powerful way to build equity and long-term wealth. If you've ever considered buying a home, you've probably heard the term contingencies. And while ...

When a buyer’s offer on a home has been approved by the seller and the deal goes into contract, the purchase agreement often includes a mortgage contingency, a clause that means any final purchase ...

A contingency clause is often written into the contract between a home buyer and seller if either party suspects significant financial changes could force them to back out of the deal. Photo: Getty ...