Definition of legislative. 1  1a : having the power or performing the function of legislatingb : belonging to the branch of government that is charged with such powers as making laws, levying and collecting taxes, and making financial appropriations â compare executive, judicial.
The purchase agreement is contingent on the buyer's approval of this report and any other matters affecting the title. The preliminary title report lists liens and other encumbrances on the property, as well as any defects in the seller's chain of title discovered during the title search.
Definition of Contingent. This means the seller has accepted an offer on the property, but success may still depend on passing a home inspection or getting financing. There are different types of contingent statuses. For example, Contingent - Show means that it is still possible to tour the property and submit a backup offer in case the current one falls through. Contingent - No Show indicates that the seller no longer wishes to show the property.