Florida Real Estate Attorney Ryan S. Shipp here! If you’re buying or selling real estate in Florida, understanding contingencies in your real estate purchase and sales contract is crucial.
What Are Contract Contingencies?
Contingencies are conditions that must be met before closing, allowing buyers or sellers to cancel without penalty if something goes wrong. Key contingencies include financing (ensuring the buyer secures a loan), inspection (checking for major issues), and appraisal (confirming the property’s value). Without contingencies, you could be stuck in a bad deal.
A real estate attorney, such as Ryan S. Shipp, Esquire from Law Office of Ryan S. Shipp, PLLC can help ensure your contract protects you—so before you sign, contact us @ 561.699.0399 to safeguard your investment! We’re located in Lantana, Florida. We serve all of Florida’s 67 Counties.
