Which of these is a common condition that may appear in a contingency clause?

A contingency clause in a real estate contract is designed to protect the interests of the parties involved by outlining specific conditions that must be met for the contract to become legally binding. One of the most common conditions found in these clauses relates to property inspections.

When a buyer includes a contingency stating that "the inspection must show satisfactory results," it signifies the buyer’s right to have the property professionally inspected. This condition ensures that the buyer is informed of any potential issues with the property before finalizing the purchase. If the inspection reveals significant problems, the buyer can negotiate repairs, adjust the purchase price, or, in some cases, back out of the contract altogether without penalty.

This condition is essential for safeguarding the buyer's investment and ensuring that they do not end up purchasing a property that may require extensive and costly repairs undiscovered during the buying process. The importance of inspections is widely recognized in real estate transactions, making this contingency very common and practical.

In contrast, the other options present scenarios that are less typical for contingency clauses. For example, requiring the seller to receive another offer or to handle all repairs before closing might not be standard practice and could create significant complications. Similarly, placing the obligation of tax payment on the buyer may not directly relate to the