"Contract pending" in real estate refers to a situation in which the buyer and seller have signed a purchase agreement and agreed on terms, but the sale has not yet closed. Before the deal is completed, requirements like financing, inspections, and appraisals must be met during this time. Technically, the property is still not for sale.
What does option pending mean?
When a buyer is within the option period—a brief window of time to view the property and potentially withdraw—the seller has accepted an offer, and the buyer is said to be "option pending" in that context. The deal may still fall through during this due diligence phase because it isn't yet fully under contract.
In real estate, "contingent" refers to a status in which a property sale is dependent on certain conditions being met before the transaction can be finalized. Common contingencies include financing approval, home inspections, or the sale of the buyer's current home. If the conditions are not met, the buyer typically has the right to back out of the contract without penalty. This status helps protect both buyers and sellers during the sale process.
i am in a small business which is going up for tender soon what does that entail
You must read your contract for your answer.You must read your contract for your answer.You must read your contract for your answer.You must read your contract for your answer.
What does option pending mean?
No. A sale pending implies that the property is under a binding contract.
The warrant is pending
Pending-b/o
The contract had been drafted and was ready to be signed, pending its approval by the director. The voters were made aware of the pending changes to the tax code. Some of the repairs had already been made, and others were still pending.
That means a lender has executed a purchase and sale contract on a property it owns by foreclosure and a sale is pending.
What does unsentenced pending charges
When a buyer is within the option period—a brief window of time to view the property and potentially withdraw—the seller has accepted an offer, and the buyer is said to be "option pending" in that context. The deal may still fall through during this due diligence phase because it isn't yet fully under contract.
Peeding is not a word. Did you mean 'pending'? Pending: in the period before the decision or conclusion of; during: pending the negotiations.
it means it has yet to be shipped.
"Pending" literally means hanging. A pending matter is one that is hanging there, waiting to be finished.
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