Plain-language rule
What the appraisal contingency does, how it interacts with financing, and what choices follow a low valuation.
Why this exists
The appraisal contingency allocates valuation risk and gives the parties a defined decision point.
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PLR-CON-003Contingencies
Appraisal contingency
What the appraisal contingency does, how it interacts with financing, and what choices follow a low valuation.