Contracts
A 'kick-out clause' (release clause) in a real estate contract allows:
AEither party to void the contract without reason
BThe seller to continue marketing and accept a better offer, giving the original buyer a set time to remove contingencies✓ Correct
CThe buyer to obtain financing from any lender
DThe broker to terminate the listing at any time
Explanation
A kick-out clause allows the seller, when accepting an offer contingent on the buyer's home sale, to continue marketing the property. If the seller receives another acceptable offer, the original buyer must remove their contingency within a set time or the seller can accept the new offer.
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