List Of Contingent House Sale Meaning 2022. In other words, if the first property doesn’t sell, then. According to realtor.com, a contingent sale means that a seller has accepted an offer, but that the sale will only close if certain conditions — or contingencies — are met.
A contingent real estate transaction usually means that the sale of a property is dependent on the sale of another property. A home sale contingency is one type of clause frequently included in a real estate sales contract or an offer to purchase real estate. If you see a home listed for sale online, in the local paper, or via a marketing mailer, and it says “ contingent, †it means the home is under contract.
