Buyers may need to include a lawyer-review contingency
Buying property used to involve a buyer, a seller and a couple of pieces of paper.
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Buying property used to involve a buyer, a seller and a couple of pieces of paper.
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“Time is of the essence” is common boilerplate in the standard, pre-printed real-estate contract brokers use between buyer and seller.
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Real-estate buyers and sellers are familiar with buyer-demanded contingencies, such as a home inspection or financing, which make the purchase depend on the buyer arranging or learning something to his satisfaction…
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In earlier columns, I discussed how a buyer might use a contingency to get a seller to disclose information, and provide a warranty about some aspect of the property.
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In an earlier column, I discussed the broad concept of a buyer using a contingency in a purchase offer to get a seller to…
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