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Contingent with meaning

WebJan 4, 2024 · Contingent means “depending on certain circumstances.” In real estate, when a house is listed as contingent, it means that an … 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 …

7 Takeaways: What Does Contingent Mean in Real Estate?

WebSee synonyms for contingent on Thesaurus.com. adjective. dependent for existence, occurrence, character, etc., on something not yet certain; conditional (often followed by … WebDefine contingent. contingent synonyms, contingent pronunciation, contingent translation, English dictionary definition of contingent. adj. 1. Liable but not certain to occur; possible: "All salaries are reckoned on contingent as well as on actual services" . undermount single bowl sinks https://felder5.com

Contingent Beneficiary: Definition, Characteristics, …

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. WebOct 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 ... 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 … thought of the day education

Contingent Definitions What does contingent mean? Best ...

Category:Contingent - Definition, Meaning & Synonyms Vocabulary.com

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Contingent with meaning

Contingent Definition & Meaning - Merriam-Webster

Webcontingent noun [ C, + sing/pl verb ] us / kənˈtɪn.dʒ ə nt / uk / kənˈtɪn.dʒ ə nt / a group of people representing an organization or country, or a part of a military force: The French … Webnoun [ C, + sing/pl verb ] uk / kənˈtɪn.dʒ ə nt / us / kənˈtɪn.dʒ ə nt /. a group of people representing an organization or country, or a part of a military force: The French …

Contingent with meaning

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WebNov 1, 2024 · The basic definition of the word “contingent” means that something is dependent on certain circumstances. In real estate terms, if a home is listed as contingent, it means a potential home buyer has made an offer that has been accepted, but additional criteria (contingencies) need to be met on the property before closing. WebJan 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...

WebApr 23, 2024 · What does active contingent mean? If a home’s status is “active contingent,” it means that the buyer has submitted an offer to the seller with contingencies, or issues that must be resolved ... Webcontingent on/upon something definition: 1. depending on something else in the future in order to happen: 2. depending on something else in…. Learn more.

WebMar 14, 2024 · What Does Contingent Mean? A contingent property is one where an offer has been accepted and the home is under contract, but before the home can be sold, certain conditions must be met. These … 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.

Webcontingent: [adjective] dependent on or conditioned by something else.

Webcontingents; contingently. The adjective contingent can be used to describe something that can occur only when something else happens first. Making money is contingent on … undermount sink anchorsWebMar 2, 2024 · Contingent workers are temporary workers. Since they work on a project-by-project basis, they can supplement your employees with any special skills they lack. … undermount sink base cabinetWebApr 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 … undermount sink and faucet comboWebIn its simplest form, contingency means “dependent on or conditioned by something else.” Contingency in real estate is an agreement between the buyer and seller that the real estate transaction will go through only once (and if) the agreed-upon conditions are met. undermount sink fitting instructionsWebNov 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 ... undermount sink granite bathroomWebOct 22, 2024 · Benefits of Kick Out Clauses for Sellers. A kick out clause enables you to accept a contingent offer while keeping your options open. Your real estate agent will still be able to market and show your home to other potential buyers. If a better deal without contingencies comes along, you’ll either be able to accept it or force the first buyer ... undermount sink bathroom store near meWebMar 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 … undermount sink 30 inch cabinet