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A real estate contract is a uniform contract that is completely straightforward where the buyer puts an offer to the seller to purchase the piece of property. <\/p>
Most of these contracts involve some sort of contingencies or conditional offers. <\/p>\n
A conditional offer is a clause in a real estate contract that there are certain conditions that must be met by either buyer or the seller in order to continue on towards the closing of the purchase transaction.<\/p>\n
If the contingencies in the conditional contract are not met, there might be a breach in the contract and the transaction could fail to close or one or the other party may be released from the agreement.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t