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Hutchinson, KS News

Hutchinson News
Local news for Hutchinson, KS continually updated from thousands of sources on the web.
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  • Taft-signed bill raises pensions for US soldiers

    Inappropriate comments include those which: * are libelous or defamatory * are obscene, pornographic or sexually explicit; substituting characters for letters is not acceptable * degrade others on basis of race, gender, class, ethnicity, national origin, religion, sexual orientation, disability or other classification * are predatory, hateful or ... (more)

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standard contingencies PDF Print E-mail

What are the standard contingencies?

Most purchase offers include two standard contingencies: a financing contingency, which makes the sale dependent on the buyers' ability to obtain a loan commitment from a lender, and an inspection contingency, which allows buyers to have professionals inspect the property to their satisfaction.
As a buyer, you could forfeit your deposit under certain circumstances, such as backing out of the deal for a reason not stipulated in the contract.




The purchase contract must include the seller’s responsibilities, such things as passing clear title, maintaining the property in its present condition until closing and making any agreed-upon repairs to the Hutchinson Kansas property.

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Last Updated ( Tuesday, 29 July 2008 )
 
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