The Seller’s Safety Net: Replacement Property Contingencies in California
A seller replacement property contingency (also known as a “seller’s purchase ofreplacement property” contingency) is a clause in a California residentialpurchase agreement that makes the seller’s obligation to sell contingent upon theseller’s ability to locate and enter into a contract to purchase a replacementhome. This contingency protects sellers who need the proceeds of their currentsale […]















