What Does Contingent Mean In Real Estate? Remax Blog
The meaning of contingent is dependent on or conditioned by something else The adjective contingent can be used to describe something that can occur only when something else happens first How to use contingent in a sentence
What Does Contingent Mean in Real Estate? - REMAX Blog
Dependent for existence, occurrence, character, etc., on something not yet certain A group of individuals or items that depend on a particular situation Conditional (often followed by on orupon )
See examples of contingent used in a sentence.
The primary difference between a contingent versus pending status on a real estate listing is that a contingency indicates the sale is conditional upon certain factors, while pending indicates all contingencies have been met, and the sale is moving towards closing Below, we'll compare a contingent offer to a pending sale and consider what they both mean for the buyer and seller Understanding contingent vs pending can make the home search process feel much more manageable Contingent listings mean conditions still need to be met, while pending listings signal the deal is further along and closer to closing
Knowing these differences helps buyers recognize opportunities, timelines, and when to act quickly. A group of people representing an organization or country, or a part of a military force Contingent means dependent on something uncertain or conditional, or a group of people or things representing a larger group Learn more about the word forms, usage, and origin of contingent with collins english dictionary.
What does contingent actually mean
Let's start with the basics The word contingent is an adjective and noun with a few common meanings Understanding these will help you spot the right usage in any situation Dependent on or conditioned by something else
