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Q » What is a contingency and which ones should I include when buying a condominium?

Matthew

29 Oct, 2025

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A » A contingency is a condition that must be met for a real estate contract to become binding. When purchasing a condominium, consider including contingencies such as financing, home inspection, appraisal, and review of the condominium association’s documents. These protect your interests by allowing you to withdraw or renegotiate if specific conditions are unmet, ensuring a sound investment decision.

Michael

30 Oct, 2025

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A »A contingency is a condition that must be met for a real estate transaction to proceed. When buying a condominium, consider including financing, inspection, and sale of current home contingencies to protect your interests. These allow you to back out if certain conditions aren't met, such as securing a loan or passing inspections.

David

30 Oct, 2025

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