Porsche's electric Mission E Tesla fighter will be offered in three power levels Report: Porsche's first electric sedan will kick off range with 402 hp, stretch to 670 hp . January 2, 2018
Real Estate Under Contract. The real estate term âunder contractâ means that a binding agreement exists between a buyer and a seller involving property. The buyer and the seller are in agreement with the terms in the contract. When a property is under contract, the seller may not enter into contract with any other buyer.
What exactly does under contract mean? If a property is described as being under contract, it means that the vendor and the buyer have agreed on a price for the property and signed a contract. But that contract is still subject to conditions and could fall through before the sale is completed.