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Antonio owns property on which a gasoline station once stood. Josh agrees to buy the land so that he can build an office on it. They include language in the contract making the purchase contingent on a determination that there are no environmental problems with the property. The contingency represents_________

User Franzo
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1 Answer

3 votes

Answer:

a condition precedent

Step-by-step explanation:

The answer is "a condition precedent"

When Josh wishes to buy a property from Antonio where once a gasoline station stood, they included a language in the contract making the purchase contingent on a belief that there are no environmental problems with the property.

The contingency represents a condition precedent that there was a gasoline station once on the land before Josh bought it from Antonio.

Thus the answer is "a condition precedent".

User UNagaswamy
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