Contracts
A 'kick-out clause' in a real estate contract allows the seller to:
AEvict the buyer from the property after closing
BContinue marketing the property and accept a new offer, subject to the original buyer's right to remove their contingency✓ Correct
CIncrease the purchase price if the appraisal comes in above the agreed price
DTerminate the listing agreement with the broker at any time
Explanation
A kick-out clause lets the seller continue marketing the property while under contract with a contingent offer. If a better offer comes in, the seller may notify the original buyer, who must then remove their contingency or lose the contract.
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