Contracts
In Missouri, a contract 'subject to financing' contingency requires the buyer to:
AAlways get the exact loan terms specified
BMake a good-faith effort to obtain financing on the terms specified in the contingency✓ Correct
CObtain lender approval before signing the contract
DAccept any available financing
Explanation
Under a financing contingency, the buyer must use good faith and diligent efforts to obtain financing on the specified terms (loan type, interest rate, amount). The buyer cannot simply choose not to try.
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