How to Write Conditions and Contingencies

Conditions and contingencies will be found in almost every real estate purchase and sale agreement. A purchase may be contingent on the buyer receiving a loan to purchase the property, the seller locating and purchasing a replacement property, or even inspection reports that confirm the condition of the property being purchased.

It is important real estate licensees to understand the law relating to them, since real estate sale agreement provisions may not become an affirmative duty until the happening of a contingency or condition. Neglecting these issues in the real estate contract may result in a unhappy buyer or seller.

Course Content

This one-hour course will discuss methods to use when writing a contingency, how to write a contingency for the benefit of your client, and how to write iron- clad contingencies that do not provide wiggle room for either party. 

At the end of the course is an optional 10-question final exam. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.