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Purchase Sale Contract

drawing profile photo
  • Sunday, August 17, 2008 @ 12:47 AM EDT
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I read from a real estate investor article that talked about a purchase sale contract which he said to BE SURE to include the following phrase: "offer contingent upon third party approval, and assignable by buyer". Can someone explains what that means?

Bernard
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  • drawing
    drawing16th August, 2008
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    Thanks all of you!! I appreciate the responses!!!

    Bernard

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