What are Real Estate Escape Clauses?
Most real estate contracts contain contingency clauses that allow the buyer or seller to end the transaction without a penalty if certain conditions cannot be met. These are commonly referred to as “escape clauses.”
This informational video provides key points on the three most common real estate contingencies that include escape clauses. If you have any further questions, talk to your Shorewest, REALTOR® to make sure that the appropriate clauses are included in your agreement.
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