Q » What is a contingency and which ones should I include when buying a multifamily building?
29 Oct, 2025
A » A contingency is a condition in a real estate contract that must be met before the transaction can proceed. When purchasing a multifamily building, consider including contingencies for financing approval, property inspection, appraisal, title search, and environmental assessments. These safeguard your investment by allowing you to address potential issues or back out of the deal if necessary, ensuring a sound purchase decision.
30 Oct, 2025
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