Contingent Category: Two Types Allowed

Only the following will be allowed in the Contingent Category:

• The Contract of Sale is contingent upon the Buyer’s property, which is on the market but
  not presently under contract, being sold and closed. In other words, the Buyer’s property is
  on the market for sale, but the Buyer has not entered into a Contract for the Sale of the
  Buyer’s property.
• Contingent may also be used for a short sale, where an offer has been accepted by the seller
  and has been submitted to the seller’s lender for approval. The “Short Sale” field must be
  marked “Y” or “Yes”. Upon the Seller’s lender approval of the contract the Listing
  Participant shall have 3 business days to change to Pending.

The listing broker can place the listing in either the “Contingent” or “Pending” category. If the
listing is placed in the “Contingent” category, the listing will remain with the active listings until
the contingency is removed or until the listing expires, in which event it shall default to
“Pending.”

Please refer to the MLS Tech Rules & Regulations for more information.