Contingency Removal is a real estate term you will encounter when buying or selling a home in Ventura County. This page gives you a plain-English definition and explains why it matters.
What it means
In California, contingencies do not expire automatically when the deadline passes. Instead, the buyer must affirmatively remove each contingency in writing, typically on the standard Contingency Removal form. Once removed, that protection is gone and the buyer's deposit is generally at risk if they then fail to close. Common removals cover the inspection, appraisal, and loan contingencies.
Why it matters to buyers and sellers in Ventura County
Timing contingency removal correctly is critical in Ventura County transactions. Sellers watch for these removals as signals the deal is firming up, while buyers want to confirm financing, inspections, and the appraisal before signing. Removing too early can expose your deposit; removing too late can put you in breach. Brian guides buyers through each removal so deadlines are met with confidence.
Frequently Asked Questions
Do contingencies remove themselves at the deadline?
No. In California, the buyer must remove each contingency in writing. If a deadline passes, the seller can issue a notice to perform but the contingency stays active until removed.
What happens after I remove all contingencies?
You are committed to the purchase. Your earnest money deposit is generally at risk if you do not close, so remove contingencies only when you are satisfied.
Can a seller force me to remove a contingency?
A seller cannot force removal, but after a deadline passes they can deliver a Notice to Buyer to Perform, which can lead to cancellation if you neither remove nor cancel.
