Contracts (alternative)
A Maryland seller who inserts a 'kick-out clause' in an accepted offer with a home sale contingency means that:
AThe seller can kick the buyer out at any time for any reason
BThe seller may continue marketing and accept a better offer, giving the original buyer a short period to waive the contingency✓ Correct
CThe contingency automatically extends for 60 days
DThe buyer must increase their deposit upon demand
Explanation
A kick-out clause allows the seller to continue marketing while the buyer's home sale contingency is pending. If the seller receives another acceptable offer, the original buyer gets a set time (often 72 hours) to remove their contingency or the seller may proceed with the new offer.
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