What is a contingency clause? A contingency clause is a condition or action that must be met for a contract to become binding. When both the buyer and the seller agrees to the terms and signs a contract, then the contingency will become part of the binding sales contract. By admin|2019-05-16T23:58:39+00:00May 16th, 2019|Home Buyer|0 Comments Share This Story, Choose Your Platform! FacebookTwitterLinkedInPinterest About the Author: admin Leave A Comment Cancel reply Comment Save my name, email, and website in this browser for the next time I comment.