Contracts
A 'kick-out clause' in a real estate contract allows the seller to:
ATerminate the contract if the buyer misses any deadline
BContinue marketing the property and accept a better offer, giving the current buyer a set time to remove their contingency✓ Correct
CRequire the buyer to increase their earnest money deposit
DExtend the closing date unilaterally
Explanation
A kick-out clause (or escape clause) allows the seller to continue marketing the property after accepting a contingent offer. If the seller receives another acceptable offer, they notify the existing buyer, who then has a set period (often 24-72 hours) to remove their contingency or the contract terminates.
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