Buying or selling a home contingent on another sale can create a chain of buyers and sellers. But how many contingent buyers can legally stack—and what does it mean for sellers who consent?
In this episode of the Legal Hotline, Annie Fitzsimmons explains how Washington’s statewide forms handle multiple contingent sales, when seller consent is required, and the risks of opening the “floodgate” to extended chains.
Learn how to advise your clients, weigh the benefits and risks, and understand the leapfrog effect that can occur when contingent sales multiply.
Topics Covered:
• How contingent buyers can stack in a transaction
• When seller consent is (and isn’t) required
• Risks of multiple contingent chains
• Best practices for educating sellers
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Starring Annie Fitzsimmons (WR's Legal Hotline Lawyer)
Disclaimer: Legal Hotline services, including videos, articles, and access to the Hotline, are a Washington REALTOR® member-only educational benefit and do not constitute legal counsel. If you’re a primary member in good standing, visit warealtor.org with your M1 ID and password to access more features.
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