Contracts
A condition precedent in an Oklahoma real estate contract must be satisfied:
AAfter the closing
BBefore the other party's performance obligations are triggered✓ Correct
CAt the time of signing the contract
DWithin 30 days of closing
Explanation
A condition precedent is a condition or event that must occur before a party's contractual obligation arises. Common examples in real estate include financing approval, satisfactory inspection results, and HOA approval that must occur before the buyer is obligated to close.
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