Common use of Contingency Contract Clause in Contracts

Contingency Contract. If the parties stipulate to an additional contingency making the Buyer’s obligation to finalize the purchase of Property contingent upon the sale of Buyer’s current home, Seller shall have the right to terminate this Agreement and sell the Property to another buyer if Buyer fails to waive this contingency within twenty-four (24) hours of receiving notification via email or text that Seller has received a competing offer on Property. In the event of Seller’s termination, Buyer shall receive a full refund of Xxxxxxx Money. It is acknowledged that payments to Seller for “Change Orders” which include any upgraded items shall be non-refundable and retained by Seller. This offer IS Contingent This offer is NOT contingent If contingent; List, the address of the buyer’s contingent property and choose one of the following options: Address of Buyer’s Contingent Property: (Street Address) (City), (State), (Zip Code) Buyer’s Contingent Property is NOT currently listed on local MLS. Buyer’s Contingent Property is currently listed on local MLS but not under contract. Buyer’s Contingent Property is currently listed on the local MLS and/or is under contract with a closing date of .

Contingency Contract. If the parties stipulate to an additional contingency making the Buyer’s obligation to finalize the purchase of Property contingent upon the sale of Buyer’s current home, Seller shall have the right to terminate this Agreement and sell the Property to another buyer if Buyer fails to waive this contingency within twenty-four (24) hours of receiving notification via email or text that Seller has received a competing offer on Property. In the event of Seller’s termination, Buyer shall receive a full refund of Xxxxxxx Money. It is acknowledged that payments to Seller for “Change Orders” which include any upgraded items shall be non-refundable and retained by Seller. This offer IS Contingent This offer is NOT contingent If contingentapplicable; List, the address of the buyer’s contingent property and choose one of the following options: Address of Buyer’s Contingent Property: (Street Address) (City), (State), (Zip Code) Buyer’s Contingent Property is NOT currently listed on local MLS. Buyer’s Contingent Property is currently listed on local MLS but not under contract. Buyer’s Contingent Property is currently listed on the local MLS and/or is under contract with a closing date of .

Contingency Contract. If the parties stipulate to an additional contingency making the Buyer’s obligation to finalize the purchase of Property contingent upon the sale of Buyer’s current home, Seller shall have the right to terminate this Agreement and sell the Property to another buyer if Buyer fails to waive this contingency within twenty-four (24) hours of receiving notification via email or text that Seller has received a competing offer on Property. In the event of Seller’s termination, Buyer shall receive a full refund of Xxxxxxx Money. It is acknowledged that payments to Seller for “Change Orders” which include any upgraded items shall be non-refundable and retained by Seller. This offer IS Contingent This offer is NOT contingent If contingent; List, the address of the buyer’s contingent property and choose one of the following options: Address of Buyer’s Contingent Property: (Street Address) (City), (State), (Zip Code) Buyer’s Contingent Property is NOT currently listed on local MLS. BuyerXxxxx’s Contingent Property is currently listed on local MLS but not under contract. Buyer’s Contingent Property is currently listed on the local MLS and/or is under contract with a closing date of .