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- Hi everyone, my name is Paul Vojchehoske and welcome to the Real Estate Classroom YouTube Channel, where our mission is simple and thats to help you pass your real estate exam the first time. Real quick as always give this video a thumbs up, hit that red subscribe button, click on the notification bell. In todays real estate exam prep video, were gonna discuss common contract contingencies. Say that three times really fast, common contract contingencies. All right, lets get to todays video. So in todays real estate exam prep video, Im gonna discuss whats called common contract contingencies or contract contingencies. Now, understand that any contract, whether its real estate or otherwise can have contingencies in the contract they are provisions that are added into the contract and the parties have to agree to those contingencies. So in real estate, the buyer may put certain contingencies in that contract and then the buyer and seller need to agree to it. A tenant may put a