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ADDENDUM E CONTINGENCY AS TO BUYERS FINANCING This Addendum E Contingency as to Buyers Financing (Addendum E) is made and intended to be a part of that certain Real Estate Sales Contract Illinois

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What is contingency as to buyers?

Contingency as to buyers is a clause in a contract that allows the buyer to back out of the deal under certain conditions, such as failing to secure financing or a satisfactory home inspection.

Who is required to file contingency as to buyers?

Buyers are typically required to file contingency clauses in a real estate contract.

How to fill out contingency as to buyers?

Contingency clauses should be filled out by the buyer with the help of their real estate agent or attorney.

What is the purpose of contingency as to buyers?

The purpose of contingency clauses is to protect buyers from potential financial losses or purchasing a property with unforeseen issues.

What information must be reported on contingency as to buyers?

Information that must be reported includes the specific conditions that must be met for the buyer to proceed with the purchase.

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