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What is a contingent offer in real estate?
Yes a "contingent offer" in reference to the status of a property for sale means that the offer received requires additional action to be fully accepted. The purchase contract can be contingent for a number of reasons. Commonly, an offer is contingent because a buyer needs to sell his or her house to buy a new house. Other reasons for a contingent offer are financing or inspections. Note: These sale contingencies are usually not possible with short sales and foreclosures. There may be the rare exception. You almost always have the right to inspection and financing contingencies, even in a short sale or REO purchase. Recently the verbiage of 'contingent' came into question between West coast and East Coast realtors since we use the term differently. Many states in the west consider 'contingent' upon the short sale, foreclosure or REO being accepted by the sellers bank. Something on the East coast we have usually stated waiting for approval. So terminology can be different based upon the state you live in.
What does CNKO mean?
When the status on a property is listed as "Contingent w/no kick-out" (CNKO) it means that an offer has been presented to the seller with contingencies, and if those contingencies are not satisfied, then the seller may take another offer. A "kick-out" clause is sometimes used if a seller wants to reserve the option to accept a better offer, once the property is under contract. A "no kick-out" clause means that the seller relinquishes this option once his/her home is under contract. So, in your example "Contingent w/no kick-out" means that the seller has accepted an offer with contingencies, but cannot accept another offer unless those contingencies are not satisfied.
Do most non-profit businesses offer products or services?
i think yes
What does the abbreviation Cnko stand for in real estate?
"Contingent with No Kick Out."
Which life insurance companies offer non-direct recognition policies?
MassMutual aswell.
What is non-contingent workforce?
A contingent workforce is a provisional group of workers who work for an organization on a non-permanent basis, also known as freelancers, independent.
What is non-contingent reinforcement?
Non-contingent reinforcement refers to reinforcers that are presented freely with no required responses. Basically whether or not the responses occur, reinforcers will be delivered; opposed to contingent reinforcement where reinforcers are only given once the desired response has occurred.
How can you get daughter to invite family to wedding?
Offer to pay for it but tell her the money is contingent on your guest list.
What is a contingent offer in real estate?
Yes a "contingent offer" in reference to the status of a property for sale means that the offer received requires additional action to be fully accepted. The purchase contract can be contingent for a number of reasons. Commonly, an offer is contingent because a buyer needs to sell his or her house to buy a new house. Other reasons for a contingent offer are financing or inspections. Note: These sale contingencies are usually not possible with short sales and foreclosures. There may be the rare exception. You almost always have the right to inspection and financing contingencies, even in a short sale or REO purchase. Recently the verbiage of 'contingent' came into question between West coast and East Coast realtors since we use the term differently. Many states in the west consider 'contingent' upon the short sale, foreclosure or REO being accepted by the sellers bank. Something on the East coast we have usually stated waiting for approval. So terminology can be different based upon the state you live in.
Will Letter of credit be shown as contingent liabilities?
Yes, the letter of credit are to be shown as Contingent Liability. As the occurrence of this liability depends on the happening or non happening of uncertain future event.
Direct Source in contingent workforce?
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Why are contingent liabilities important in deciding a business loan request?
contingent liabilities may be converted into liabilities upon certain non performances by the customers of the business whose loan proposal is under consideration. conversion depends upon the nature of contingent liabilities i.e. nature of transaction on the back of contingent liability is important. Person analyzing the loan proposal should calculate the degree of risk associated with them.
Do employers give background check to every candidate?
In most cases they only do checks once they are planning on making an offer. Or they may make the offer contingent on passing the background check.
What is contingent liability?
A contingent liability is: (a) a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity; or (b) a present obligation that arises from past events but is not recognised because: (i) it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or (ii) the amount of the obligation cannot be measured with sufficient reliability.
What does contingent on a will mean?
what does a contingent mean on a bank statement.
Give me a sentence with ''contingent''in it?
(As an adjective, contingent can mean possible, accidental, or dependent. As a noun, contingent can mean part of a larger group or a quota.)(adjective) Your salary will be contingent on your performance as a supervisor.(noun) A contingent of troops arrived at the disaster site with medical supplies.
When was Gurkha Contingent created?
Gurkha Contingent was created in 1949.
