A Contingent Offer to purchase real estate contains contingencies that must be met prior to closing the sale. There are a variety of contingencies that can be added to a purchase agreement. Common ones include:

  • Buyer’s sale of another property
  • Satisfactory inspection of the home
  • Buyer’s ability to obtain financing
  • Release of liens
  • Bank approval of the offer
  • Court approval of the offer
  • Zoning or other development-related approvals