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Definitions of Contingency

• A contingency is anything that the contract is dependent upon and that could void the contract if the contingency is not met. A contract could be contingent on many items but the most common would be repairs, financing, zoning, etc.
• A contingency is anything that the contract is dependent upon and that could void the contract if the contingency is not met. A contract could be contingent on many items but the most common would be repairs, financing, zoning, etc. This definition of Contingency contributed by Wayne Long.