Q » What is a contingency and which ones should I include when buying a vacant land?
29 Oct, 2025
A » A contingency is a condition that must be met for a real estate contract to become binding. When buying vacant land, consider including contingencies for financing approval, zoning verification, environmental assessments, and satisfactory land survey results. These ensure that you can back out of the deal if the land doesn't meet your requirements or if unforeseen issues arise, protecting your investment and future development plans.
30 Oct, 2025
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