Contracts
A buyer in Washington includes a home sale contingency in a purchase offer. This contingency means:
AThe seller must sell their home before the buyer's offer expires
BThe buyer's obligation to purchase is conditioned on the sale of their current home✓ Correct
CThe buyer can walk away from the contract for any reason
DThe seller must accept a lower price if the buyer cannot sell their home
Explanation
A home sale contingency makes the buyer's obligation to complete the purchase conditional on the successful sale of their current home. If their home does not sell by the specified date, the buyer may exercise the contingency and cancel the contract.
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