Contingencies in a Real Estate Agreement

Contingency clauses in a real estate contract are clauses put in to allow either the buyer or the seller to walk away from the real estate transaction without penalty if a particular event should happen. They act as escape clauses so that neither a buyer nor seller has to go through with a deal that has become disadvantageous. While many contingency clauses are designed to protect buyers, sellers may include contingency clauses as well.

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Remodeling Your Home: How A Construction Contract Can Protect Your Rights

the relationship between a home or property owner and a contractor hired for a remodeling project is largely determined by the contract that the two parties create. A remodeling contract should specify a number of different things, including the scope of the project and who is responsible for costs that may arise during the project. A written contract will provide invaluable information in the event of a dispute and can help a court to determine both if a breach occurred and what the potential damages are resulting from the breach.

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What do I look for in the construction contract to protect me from delays?

Most homeowners contract with builders to complete the project in a certain amount of time, but one of the most common disputes between builders and homeowners involves delays in construction. Thankfully, there are some simple measures that can be added to a construction contract to protect both you and the builder if construction delays occur.

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