Contingent with meaning
WebApr 10, 2024 · that may or may not happen; uncertain. noun. 7. a part of a military force, parade, etc. 8. a representative group distinguished by common origin, interests, etc, that is part of a larger group or gathering. 9. a possible or … WebFeb 28, 2024 · Getty. A mortgage contingency is a condition written into a real estate purchase contract that the buyer indicates must be met in order for them to close …
Contingent with meaning
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WebJan 30, 2024 · Contingent Beneficiary: A contingent beneficiary is specified by an insurance contract holder or retirement account owner as receiving proceeds if the primary beneficiary is deceased, unable to be ... WebNov 7, 2024 · Contingent is a specific status that means a home is under contract, and finalizing the sale depends on completing specific actions. These actions can make or break the deal and are called contingencies. Before a house can have a contingent listing status, the homeowner must accept the prospective buyer’s offer, which will list the buyer’s ...
WebDefinition of Contingent. When a home is listed as contingent, it means the seller has accepted an offer but the deal is contingent on a home inspection, loan approval, or … WebJan 17, 2024 · When a property is marked as contingent, it means that the buyer has made an offer and the seller has accepted that offer, but the deal is conditional upon one or …
WebAug 29, 2024 · A contingent offer means that an offer on a new home has been made and the seller has accepted it, but that the final sale is … WebContingencies are conditions that either the buyer or seller (or both) must meet for sale to go through. For example, a buyer may place an offer on a home, but the offer is contingent on the buyer selling their current home first or contingent on obtaining a mortgage.
WebA real estate contingency is a part of the purchase and sale contract that details specific, measurable conditions that must be met by a preset deadline to successfully advance the deal. If the conditions are not met, the buyer can choose to terminate the contract. Real estate contingencies come in a couple varieties.
WebContingent means conditional, dependent on chance, occuring dependent on circumstance. When used in this sense, contingent is an adjective. When used as a noun, contingent means a group of military people or police, or a group of people of a certain characteristic within a larger group. hernia in upper gi tractWebOct 20, 2024 · Before diving into the ins and outs of the kick-out clause, let’s talk a little bit about contract contingencies. In real estate, a “contingent” offer means that one or both parties have requested certain provisions before the deal closes. According to the National Association of Realtors (NAR), 76% of contracts had contingencies of some ... hernia into the scrotumWebOct 18, 2024 · What is a contingent worker? A contingent worker may refer to various types of workers, but a common thread is that they are hired on a non-permanent basis … maximum rent increase ontario 2021WebWhat 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 … hernia in upper abdominal areaWebcontingent: [adjective] dependent on or conditioned by something else. maximum repeated elements in an arrayWebJan 30, 2024 · A contingent beneficiary is a beneficiary of proceeds or a payout if the primary beneficiary is deceased, unable to be located, or refuses the inheritance when proceeds are to be paid. A... maximum rent increase in san diego countyWebMar 31, 2024 · Contingent: With Or Without A Kick-Out Clause. If the contingent status has a kick-out clause, it means there’s a deadline to fulfill all contingencies. Without a … hernia in umbilical area