From trapeze artists to baseball spectators seated behind home plate, everyone appreciates a good safety net. Homebuyers and sellers are no exception, which is why contingency clauses continue to be ...

Sellers don't like offers that are contingent upon the sale of the buyers' home. Buyers don't like to make offers on homes that are contingent upon the sellers' finding a replacement home. The reason ...

Agreements of sale generally contain a laundry list of contingencies that must be satisfied before the settlement date. Most, if not all, of these contingencies allow the buyer to escape from an ...

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 ...

Putting an offer on a home and going under contract is a major step toward making what is likely the biggest purchase of your life -- so it can be nerve-wracking when there are still unknowns, such as ...

Q-About three weeks ago we accepted a purchase offer bid for the sale of our home. However, this offer contains a contingency clause for the inspection of the house by a licensed building contractor.

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 ...

Q. My husband and I recently bought a house (which is not built yet) in Texas. At the time we signed the contract, the builder asked us to put down $500 earnest money and $5,000 for an additional ...

If your home is listed for sale, or if you think you might sell it someday, it pays to anticipate the three favorite home buyer ”escape clauses” and know how to handle them. Without this knowledge, ...