In Indiana, a purchase agreement contingency:

Contingencies are not only allowed in Indiana but are standard practice in purchase agreements. They serve as important protections for buyers and are a fundamental part of real estate contracts.

Contingencies primarily benefit buyers, not sellers. They provide buyers with protection and flexibility, allowing them to withdraw from the contract if certain conditions aren't satisfied.

Contingencies don't require waiver. They are negotiated and included in the contract to define specific conditions that must be met for the agreement to proceed to closing.