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Updated over 11 years ago on . Most recent reply

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1,307
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Simon W.
Tax & Financial Services
Pro Member
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
635
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1,307
Posts

Basic Contingency on a P&S Agreement?

Simon W.
Tax & Financial Services
Pro Member
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
Posted

I am going to meet up with the listing agent to write up the Purchase of Sales agreement. This will be a rental property and I want to know what contingency I should tell the agent to put in.

I want to have the option of home inspection and if I were to back out I can use that. Is there some kind of wording I need?

I will have 10 or 15 days inspection period, review of the new tenant's lease agreement, and financing contingency.

I don't want to forget anything.

Thanks.
Simon

  • Simon W.
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Accounting Properties LLC
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CFO LLC

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