Can I take my real estate exam online in Massachusetts?
How hard is it to pass the real estate exam in Massachusetts?
How long do you have to take real estate exam after course in Massachusetts?
How much is the MA real estate exam?
What is the most common contingency in real estate?
I just came from the House Floor, where I spoke in opposition to expanding the HDIP program, which offers a public subsidy to for-profit real estate developers who build market-rate housing in Gateway Cities.— Mike Connolly (@MikeConnollyMA) July 13, 2023
I have tremendous respect for our Gateway Cities legislators who are… pic.twitter.com/64lBPSYt7A
What are good contingencies when putting an offer on a home?
- 1) Home inspection contingency.
- 2) Appraisal contingency.
- 3) Financing contingency.
- 4) Home sale contingency.
- 5) Clear title contingency.
- 6) Kick-out contingency.
- 7) Home insurance contingency.
- 8) Homeowners association (HOA) contingency.
Frequently Asked Questions
What is typical contingency?
What are examples of real estate contingencies?
Can a seller accept another offer while contingent?
- Who benefits from a contingency in real estate?
- Key Takeaways. Home sale contingencies are clauses in a real estate sales contract that protect buyers who want to sell one home before purchasing another. If the buyer's house sells by a certain date, the sale moves forward—if not, a buyer can walk away.
- Do contingencies protect the buyer or seller?
- Contingencies are often used to protect the buyer from problematic home listings or unforeseen issues within the real estate transaction.
- What is an example of a contingency in real estate?
- Some of the most common real estate contingencies include appraisal, mortgage, title and home inspection contingencies. Many home buyers also include a sale of prior home contingency, which allows them to withdraw an offer if they are unable to sell their current home within a specified timeframe.
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|What is the common contingency clause?||The contingency clause gives a party to a contract the right to renegotiate or cancel the deal if specific circumstances turn out to be unsatisfactory. An appraisal contingency gives the buyer the right to back out if a professional property appraisal comes in lower than a specified minimum.|
|What is an example of a contingency contract?||For example, many parents object to paying their children to go to school, a task they should be doing anyway. To address this, a contract may specify that a child must attend school to earn the opportunity to complete chores at home for which he or she is paid (i.e., a two-part reinforcement contingency).|
|What are the three major parts of a contingency contract?||There are three major parts to a contingency contract: (a) task or behavior, (b) reward, and (c) progress monitoring. Contingency contracts can be successful because they provide a clear if-then statement and students are able to obtain reinforcement.|
- What are examples of contingencies?
- What Is a Contingency? A contingency is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic.
- What contingencies should you put in an offer?
- 6 common contingencies
- Mortgage contingency. This clause specifies a window of time in which the buyer must obtain financing to purchase the home.
- Title contingency.
- Home inspection contingency.
- Sale of a prior home contingency.
- Appraisal contingency.
- Homeowners insurance contingency.
- 6 common contingencies
- Can you put an offer on a house that is contingent?
- If you're interested in a property that's listed with an active contingent status, you may still be able to make an offer. While the initial offer will take precedence if all the contingencies are satisfied, making an offer can put you at the head of the line if the original deal falls through.