Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Backup Contract Backup Contract November 9, 2021 A contract to buy property that becomes effective if a prior contract fails to be agreed upon.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas
