Contracts
A NC seller who receives an offer during the due diligence period with a contingency to sell their current home is encountering which type of provision?
AA financing contingency
BA home sale contingency✓ Correct
CA lease termination contingency
DAn as-is addendum
Explanation
A home sale contingency makes the purchase conditional on the buyer selling their current home by a specified date, which may make the offer less attractive to sellers.
Related North Carolina Contracts Questions
- Which of the following would most likely make a NC real estate contract voidable?
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