MLchartDataset catalogue

Contingency

Term · Law · MLC-T-LAW-001256

A future event or circumstance that is possible but not certain to occur, which could affect a legal outcome or obligation. In contracts, a contingency clause specifies conditions that must be met before the agreement becomes binding. Real estate transactions often include contingencies for financing or property inspection.

Table 1. Record
IdentifierMLC-T-LAW-001256
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001256",
  "term": "Contingency",
  "field": "Law",
  "definition": "A future event or circumstance that is possible but not certain to occur, which could affect a legal outcome or obligation. In contracts, a contingency clause specifies conditions that must be met before the agreement becomes binding. Real estate transactions often include contingencies for financing or property inspection.",
  "url": "https://mlchart.com/terminology/law/contingency/"
}

Record 1,101 of 5,441 in Law terminology (MLC-0107). Request the full dataset.