In the home-buying process, buyers and sellers should negotiate to write contingencies into their contract to mitigate risk. For example, sellers may want to condition their obligation to sell on ...

Q: I have been looking for rural property. Many of the larger properties have never been surveyed, and I am reluctant to buy based only on the seller’s (and listing agent’s) “guesstimate” of how much ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. A contingent liability is a potential obligation that hinges on ...