Tag: Contingency

Posted on 03/20/2022
Can Contingencies Benefit Sellers?
Contingency clauses in a real estate contract typically come from the buyer. However, there are some contingencies sellers can use in a sale negotiation as well. While they’re less common, knowing the basics can help in selling your home. Here are the main contingencies every seller should know: Kick-Out Clause A kick-out clause is a useful balance to...
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Posted on 01/17/2021
Contract Contingencies
Photo by Cytonn Photography from Pexels When you buy and sell real estate in Florida, your real estate agent probably uses the FAR/BAR “as is” contract. The contract has five contingencies, or exceptions, that protect the buyer. A buyer or seller can also add their own contingencies. To have a valid contract, the buyer must put down “consideration,”...
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