10/08/2026
๐ก Behind the Scenes of Real Estate
What is a contingency?
A contingency is a condition written into a real estate contract that must be met for the transaction to move forward.
Depending on the contract, contingencies may relate to financing, inspections, appraisals, or the sale of another property.
They may only be a few lines in a contract, but they can play an important role in protecting buyers and sellers throughout a transaction.