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hello everyone this is tina from tinas and group business and commercial broker agent in california so today were going to discuss about contingencies in the asset purchase agreement so why does it exist well its because buyer wants to actually get the deal before they spend a lot of time doing all the due diligence its uh so as we know that due diligence could be ranged from two to six weeks for example for smaller and simple deals so usually they would like to agree and make sure that they have the deal before they actually spend the time and efforts doing all of that so typically a deal will enter into asset purchase agreement under the contingencies so what are those contingencies one is the buyers due diligence so within certain time buyer will ask certain questions that they would like to get answers from the seller and then the seller will provide those answers and then the buyer will have certain time to review and evaluate those answers so thats called buyers due dilige