The Eighteenth Amendment was the result of decades of effort by the temperance movement in the United States and at the time was generally considered a progressive amendment.
In a sales contract, the parties are the seller(s) and buyer(s) of the real estate, who are often called the principals to distinguish them from real estate agents, who are effectively their intermediaries and representatives in negotiation of the price.
The most common contingencies on a sales contract include: 1  Inspection contingency â Buyers can look at the house as much as they want, but there are things they can easily overlook. 2  Financing contingency â Even buyers with a preapproval often add a financing contingency to the sales contract.