Definition page

Appraisal Contingency

April 26, 2023

We’d love to connect with you.

A contingency is a condition that needs to be met before an offer can proceed. It is kind of like a safety net. An appraisal contingency is a clause that allows a buyer to back out if a home’s appraised value is less than the sale price.

    Get all the latest articles and information via email:

    More in Learning Center

    Leasing

    What Does the Security Deposit Cover?

    Security deposits have been a longstanding norm in the rental business industry....

    August 29, 2022

    Definition page

    Warranty Deed

    A warranty deed is a legal real estate document where the seller guarantees that...

    April 26, 2023

    Definition page

    Triplex

    A triplex consists of three individual dwelling units combined into one building...

    April 26, 2023

    Request Access

    No monthly fee. No setup fee. No contract. Start streamlining your rental management process today.