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backup contract

    0.03 sec.
backup contract

An offer to purchase that is accepted by the seller but is contingent on a prior contract failing to proceed to closing.



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Storr was close to a backup contract with Vancouver but when that broke down, he revisited the Kings' offer.
The company reported more than $50 million in sales and wrote 125 backup contracts for one- and two-bedroom units at its VIP and Super Saturday event.
 
 
 
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