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2020 SPECIAL STIPULATIONS Georgia REALTORS2020 Printing* indicates cross-referenced title (title also appears under another category).CONTINGENCIES Bankruptcy Contingency* See SS 502 Boat Dock Permit

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How to fill out contingencies

01

Identify the specific contingencies that need to be addressed in the agreement

02

Clearly outline the conditions that must be met for each contingency to be resolved

03

Provide a deadline for when each contingency must be met

04

Have all parties involved in the agreement review and agree to the terms of the contingencies

Who needs contingencies?

01

Contingencies are typically needed in real estate contracts to protect the interests of buyers and sellers. They help ensure that certain conditions are met before the sale can be finalized.

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What is contingencies?

Contingencies are conditions or events that may occur in the future and could have an impact on the outcome of a project or agreement.

Who is required to file contingencies?

Typically, individuals or organizations involved in a project or agreement are required to file contingencies in order to plan for potential risks or uncertainties.

How to fill out contingencies?

Contingencies can be filled out by identifying potential risks or uncertainties, assessing their likelihood and impact, and developing a plan to mitigate or respond to them.

What is the purpose of contingencies?

The purpose of contingencies is to help individuals or organizations prepare for and manage potential risks or uncertainties that could impact the success of a project or agreement.

What information must be reported on contingencies?

Information reported on contingencies typically includes a description of the risk or uncertainty, its potential impact, and the proposed response or mitigation strategy.

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