

R Pro Contract Masterclass: Contingency Contracts
This class is approved for 1 hour of Contracts (CON) continuing education by the Oklahoma Real Estate Commission.
Contingency Contracts: Navigating the Deals That Depend on Other Deals
Contingency contracts are some of the most stressful transactions in real estate. Timelines overlap, notices have strict deadlines, and one wrong move can cost your client the deal. Add in a back-up contract and things get even more complicated.
This course breaks down the mechanics of contingency contracts step by step. You'll work through the forms, practice the timelines, and learn how to handle the most common risks before they become problems. Whether your buyer needs to sell before they can buy or you're working a back-up position, you'll leave with the confidence to manage these deals cleanly.
What You'll Walk Away With:
A clear understanding of what "contingency" actually means in contract terms.
Strategies for representing buyers who aren't under contract yet versus those who already are.
The mechanics of back-up contracts: how they work and how to protect your client's position.
Hands-on practice navigating contingency timelines and notice requirements.
Awareness of the most common risks and issues that derail contingency deals.
Disclosure and marketing rules for properties under contingent contracts.