Contingency Plan | Definition, Importance & Examples

Let’s talk contingencies! In real estate, a contingency is a clause in your contract that protects you if either party can’t meet their obligations. One of the most common? A financing contingency — which gives buyers an out (and their deposit back) if they can’t secure a mortgage for a legitimate, documented reason. Sometimes buyers choose to waive certain contingencies to strengthen their offer, and sometimes sellers only want contingency-free offers. That’s why having a strong team matters —

Fiedler’s Contingency Theory (A Complete Guide to the Theory of Leadership)

Fiedler's Contingency Theory | Leadership, Model & Constraints

Contingency Theory