Contracts
A NH purchase contract that is 'subject to seller finding a new home' is an example of a:
AStandard financing contingency
BSeller contingency that protects the seller's ability to close by conditioning the sale on finding suitable replacement housing✓ Correct
CInspection contingency
DAppraisal contingency
Explanation
A seller home purchase contingency (or home search contingency) makes the sale of the current home contingent on the seller successfully finding and contracting on a new home. This protects the seller from being homeless after closing.
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