Contracts
In Louisiana, a buyer's offer that states 'contingent upon the sale of the buyer's existing home' includes a:
AFinancing contingency
BHome sale contingency that allows the buyer to terminate if they cannot sell their current home within the specified period✓ Correct
CInspection contingency
DAppraisal contingency
Explanation
A home sale contingency makes the purchase of the new property contingent on the buyer selling their existing home within a specified time. It protects the buyer from owning two properties simultaneously but may make the offer less attractive to sellers.
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