April 2017

Contract now in the Pending State — okay to breathe!

Previously, we talked about a Contingent Contract. A Contingent Contract is the initial phase of a Contract when it's first signed. The Contingency is typically based upon the Due Diligence period. You can find the blog here under Contingent Contract. A Contract moves to a Pending State once the Contingency has been lifted. In this instance, once the Due Diligence period has expired, then the Contract...

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