Contingencies included in a contract make it:

Contingencies in a contract are specific conditions that must be met for the contract to become fully enforceable. When a contract includes contingencies, it means that the parties involved are agreeing to certain conditions that could allow them to withdraw from the agreement if those conditions are not met. This makes the contract voidable, which means that one or both parties have the right to cancel or affirm the contract based on whether the contingencies are satisfied.

For example, a common contingency in a real estate transaction might be the buyer obtaining financing or passing a home inspection. If the buyer fails to secure financing or the home inspection reveals significant issues, they have the option to void the contract without penalty, because the contingencies have not been satisfied.

While contingencies do not render a contract invalid or unenforceable outright, they introduce conditions that affect the binding nature of the agreement until those conditions are met. Hence, the presence of contingencies can create a situation where the contract may be enforced if the conditions are satisfied, but it remains voidable until that point is reached.