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.
Best Answer: Although 'contingent can mean something needs to happen or take place for this sale to go through (selling a home, obtaining financing, confirming information, the moon turning blue), in real estate, the status of contingent often refers to a buyer made an acceptable offer on the home, but needs to sell their current home first.