Contracts
A Wyoming purchase contract is considered 'contingent' until:
AThe earnest money is deposited
BAll contingencies have been satisfied or waived✓ Correct
CThe broker receives their commission
DThe property is appraised
Explanation
A contract is contingent (or conditional) until all contingencies (such as financing approval, satisfactory inspection, and appraisal) are satisfied or waived by the appropriate party. Once all contingencies are removed, the contract becomes firm.
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