Contracts
An Arizona 'bump clause' (or 'kick-out clause') in a contract contingent on the buyer's home sale allows the seller to:
ACancel the contract at any time
BContinue marketing the property and 'bump' the buyer if a non-contingent offer is received, giving the buyer a set time to remove the contingency✓ Correct
CRequire the buyer to close on a specific date
DSet the selling price above the contingent buyer's offer
Explanation
A bump/kick-out clause allows the seller to continue marketing. If a better offer arrives, the seller notifies the contingent buyer, who has a specified time (often 72 hours) to remove their home sale contingency or be released from the contract.
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