Bazerman, M. H., and J. J. Gillespie. "Betting on the Future: The Virtues of Contingent Contracts." Harvard Business Review 77, no. 5 (September–October 1999): 155 ...

We spoke to top real estate experts from across the country who helped explain the meaning of “contingent” and “pending,” and ...

The owner contingency in this scenario is an amount set aside to cover any adjustments requested by the owner. With GMP (guaranteed maximum price) contracts, owner contingencies are frequently used.

Can a homebuyer back out of a contract? Yes, it’s possible. There are two main phases of the sale process during which a buyer might decide to back out of a home purchase: Backi ...