Contingent meaning in re

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August undefined, 2024

WebWhat Does Contingent Mean in Recruitment? In the context of recruitment, contingent means that the recruiting agency’s pay is contingent (or dependent) on successfully filling your company’s open position. ... they’re incentivized to source large quantities of candidates. This does not mean all of these candidates will necessarily be high ... Webnoun [ 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 …

Contingent vs Pending: What’s the Difference?

WebFeb 1, 2024 · Contingent meaning. In real estate, “contingent” indicates a seller has accepted a buyer’s offer on their house, but the offer includes certain criteria — called contingencies — that must be met before the sale can be finalized. For the parties involved in the transaction, contingencies allow time to work through any unknowns that ... WebJan 17, 2024 · Real estate contingencies can be based on a number of issues and factors. Some of the more common contingencies when buying a house include: Home inspection contingency – When a buyer’s offer has been accepted and the buyer has laid down an “earnest money” deposit on a home, the deal is almost always contingent on the home … recent murders in san antonio

What Does Contingent Mean in Real Estate?

WebOct 29, 2024 · Contingent means the seller of the home has accepted an offer—one that comes with one or more contingencies or conditions that must be met before the sale can go through. The listing is still technically active until the contingency has been met. The status switches to pending when the offer has been accepted, and all that’s left is the ... WebOct 18, 2024 · What is a contingent worker? A contingent worker may refer to various types of workers, but a common thread is that they are hired on a non-permanent basis … Weba. : happening by chance or unforeseen causes. b. : subject to chance or unseen effects : unpredictable. c. : intended for use in circumstances not completely foreseen. … recent murders in new orleans

Contingent meaning in re

Contingent - Definition, Meaning & Synonyms Vocabulary.com

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. WebFeb 12, 2024 · Pending isn't better than contingent for a potential buyer. It means the initial buyer has cleared their contingencies, but the deal isn't closed. As a potential buyer, you're not out of the running for a house …

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WebAn appraisal contingency and a financing contingency protect your earnest money. Here are some contingencies you may encounter while buying a home: Disclosure … WebNov 1, 2024 · Pending – short sale: When an accepted offer is a short sale, lenders or other financial institutions may have to approve the deal. A short sale is outside of the buyer’s or seller’s control. Pending – more than 4 months: This is when an accepted offer is pending for more than 4 months. This can be due to delayed construction ...

WebMar 14, 2024 · Once a home is either contingent or pending, the seller is locked in with that buyer but may still accept backup offers from other buyers. (Getty Images) Property listings go through several statuses in … Web"Contingent with Kick-out" means that the seller is willing to accept a better offer if one comes along and may "kick out" the current offer. "Contingent with No Kick-out" means …

WebFeb 11, 2024 · Definition: In a life insurance policy or an annuity plan, contingent beneficiary gets proceeds from the policy in the event of a demise of the primary beneficiary at the same time as that of the insured. ... Here the children of the insured will become the contingent beneficiary. WebA contingent offer is an offer from a buyer to a seller with conditions that must be met for the offer to be binding. The contingency is the clause that gives the buyer the right to back out and recuperate any money they’ve put down if the clause isn’t met. The seller can accept, reject or counter the contingent offer.

WebJan 4, 2024 · Contingency clauses provide a way for one or both parties to back out of a real estate contract if certain specified conditions are not met. In other words, the sale is contingent upon these ...

WebMay 20, 2024 · A contingent listing is one where the seller has accepted an offer, but is opting to keep the listing active while they make sure all conditions are properly met. unknown dictator dxdWebDec 7, 2024 · Contingent on a house means that the property is under contract but some contingencies need to be met before the sale is final. A property that is pending means … unknown dimensionWebContingent or contingency means a condition is written into the contract that must be met for the contract to be legally binding. Most residential purchase offers include … recent murders in shreveport laWebSep 22, 2024 · A contingent offer is very common in most real estate sales. However, in a hot real estate market, buyers often leave out common contingencies to sweeten their … unknown directive gop_cacheWebWhat does contingent mean in real estate? When a property is marked as contingent, an offer has been accepted by the seller. Contingent deals are still active listings because … unknown device usbWebFeb 28, 2024 · In general, the term “contingent” means “depending on specific circumstances.”. In real estate transactions, a contingent home sale means that buyers and sellers need to meet certain conditions before the sale is finalized. For instance, when a buyer makes an offer on the house with an inspection contingency and the seller accepts … unknown directive more_set_input_headersWebApr 10, 2024 · contingent in American English. (kənˈtɪndʒənt) adjective. 1. (often fol. by on or upon) dependent for existence, occurrence, character, etc., on something not yet certain; conditional. Our plans are contingent on the weather. 2. liable to happen or not; uncertain; possible. They had to plan for contingent expenses. recent murders in portsmouth va