contingency clause of sale
Spanish: cláusula condicional de compraventa
Description
A contingency clause of sale is a provision in a sales contract that outlines specific conditions that must be met for the sale to proceed. This clause protects the buyer or seller by allowing them to withdraw from the agreement if the conditions are not satisfied.
Interpreter Notes
Interpreters should be aware that this term may be used in legal and financial contexts, and it is important to maintain a formal register. Common variants that may be heard include 'cláusula de contingencia' or 'cláusula condicional', but it is recommended to use the glossary term in formal settings to avoid confusion.
Example Sentences
EN: The buyer included a contingency clause of sale to ensure that the property passed inspection.
ES: El comprador incluyó una cláusula condicional de compraventa para asegurarse de que la propiedad pasara la inspección.
Common Interpreter Mistakes
Confusing 'contingency' with 'contingente'; mixing up 'cláusula condicional' with 'cláusula de rescisión'; mispronouncing 'comprar' as 'comer'