Contracts
In Indiana, which contract clause allows the buyer to walk away without penalty if they cannot sell their existing home?
AAppraisal contingency
BHome sale contingency✓ Correct
CFinancing contingency
DInspection contingency
Explanation
A home sale contingency makes the purchase contingent on the buyer selling their current home within a specified time period. Sellers may include a 'kick-out' clause allowing them to continue marketing and requiring the buyer to waive the contingency or release the contract.
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