what is pending

what is pending

1 year ago 34
Nature

Pending can have different meanings depending on the context. Here are some possible definitions:

  • In real estate, pending means that a seller has accepted a buyers offer, and the contingencies have been met. The sale is being processed, but it is not yet final. The property is still listed as pending because there is a chance that the sale could fall through, for example, if the buyers financing is declined.

  • In general, pending means that something is not yet decided or settled, but it is being processed or awaiting a decision. For example, a case can be pending in court, or a person can be held in custody pending trial.

  • Pending can also mean that something is about to happen or take place.

In summary, pending means that something is not yet final, but it is being processed or awaiting a decision. In real estate, pending means that a seller has accepted a buyers offer, and the contingencies have been met, but the sale is not yet closed.

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