Contracts
A Maryland purchase contract contains a 'kick-out clause.' This means:
AThe buyer may cancel the contract for any reason within 5 days
BThe seller may continue to market the property and accept a better offer, giving the original buyer a set time to remove their contingency or lose the property✓ Correct
CThe seller may terminate the contract if repairs exceed a set amount
DThe buyer may be removed from the contract if they don't perform in time
Explanation
A kick-out clause allows a seller with an accepted contingent offer to continue marketing; if a better offer comes in, the original buyer is 'kicked out' unless they remove their contingency within a specified period.
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