The Contingency Period is the time allowed by your Purchase Agreement to obtain financing, perform inspections, and satisfy any other contingencies to which your purchase is subject. Typical contingencies include:

  • Approval of the Seller’s Transfer or Property Disclosure Statement
  • Approval of the Preliminary Title Report
  • Loan approval, including an appraisal of the property
  • Physical inspections of the property
  • Pest inspection and certification