An offer to buy Real Estate consists of three sections: the price, the terms and the contingencies. Contingencies are “conditions” or requirements which one person places on another as part of their offer to do something. “I will do this if you will do that”. Contingencies provide options if something, like an inspection, raises concern. The potential list of contingencies is endless, the expectations may or may not be realistic and the right to terminate the offer may not be negotiable...