Contracts
A Wyoming seller accepts a buyer's offer that is contingent on the buyer selling their current home within 45 days. If the buyer's home does not sell within 45 days, the buyer may:
AAutomatically extend the contract another 45 days
BTerminate the contract and recover the earnest money✓ Correct
CForce the seller to wait indefinitely
DTransfer the contingency to another buyer
Explanation
A home sale contingency allows the buyer to terminate and recover earnest money if their current property does not sell within the contingency period. The deadline is a condition precedent to closing.
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