sale pending

sale pending

A term used by real estate brokers to indicate that a contract has been signed but not yet proceeded to closing.

References in periodicals archive ?
The final property remains under contract for sale pending the satisfaction of certain closing conditions.
SALE PENDING - This 3rd generation niche beverage manufacturer has been in business for 54 years and is ready to be taken to the next level.
They have been in storage for some time and are no longer needed, but following concerns being raised they have been taken off sale pending further checks.
Houston, the Second Department stayed a foreclosure sale pending a determination on his application for a residential mortgage modification pursuant to the federal Home Affordable Mortgage Program (HAMP).
Wenatchee, confirmed he has a sale pending on the .
The association considers a sale pending when the contract has been signed but the transaction has not closed.
Frederick Wetzel III, the Little Rock attorney representing Bank of the Little Rock, said there's a foreclosure sale pending on the property.
At this point, given the Company's insistence on its reading of our contract, all the Union is seeking is for the federal court to require Cooper to arbitrate whether there has to be pre-sale bargaining and, of course, to enjoin the sale pending the arbitration of that question, because you obviously can't have pre-sale bargaining after a sale," Sellers said.
He says he does have a sale pending for the nine restaurants, although it is "very preliminary" now.
SALE PENDING - This profitable company provides installation, parts and repair service for all brands of food service equipment and refrigeration.
The remaining stores have been reclassified as assets held for sale pending the sale to another party by J.
SALE PENDING - Multiple customers in 34 counties rely on this company's essential services.