Did you know that California is an active state?
Now you do! But, what does that mean?
An active state means that for contingency removal to happen, the buyer must actively sign off on the removal of those contingencies. It doesn’t happen passively through your contractual agreement.
When a buyer signs, they will understand that they are agreeing to allow their earnest money to potentially go at risk. But, they are not at risk until they sign off on it.
Know more about CA as an active state by watching the video below!
