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Q » What is a contingency and which ones should I include when buying a studio apartment?
29 Oct, 2025
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A » A contingency is a condition that must be met for a real estate contract to be binding. When buying a studio apartment, consider contingencies such as financing, inspection, appraisal, and title review. Financing ensures your mortgage approval, inspection checks for property issues, appraisal confirms value, and title review ensures clear ownership. These protect your interests and provide an exit strategy if necessary conditions aren't met.
30 Oct, 2025
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