Contracts
In Missouri, a 'subject to' clause in a purchase contract may mean the transaction is contingent on:
AOnly an inspection contingency
BAny specified condition, such as financing, appraisal, or sale of the buyer's current home✓ Correct
COnly MREC approval
DOnly lender approval
Explanation
'Subject to' language introduces contingencies—conditions that must be satisfied for the contract to be binding. Common contingencies include financing, appraisal, inspection, and sale of buyer's home.
Related Missouri Contracts Questions
- In Missouri, an option contract gives the buyer:
- A Missouri purchase contract's 'merger clause' (also called an 'integration clause') provides that:
- Under Missouri law, a 'holdover' provision in a commercial lease allows the landlord to:
- Which of the following is NOT required for a valid Missouri real estate deed?
- A Missouri seller accepts an offer but the acceptance is not communicated until after the buyer withdrew the offer. The result is:
- Which of the following is an essential element of a valid real estate contract in Missouri?
- A Missouri listing agreement is BEST described as which type of contract?
- An assignment of a Missouri real estate contract means:
Practice More Missouri Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Missouri Quiz →