Contracts
Which clause in a Missouri purchase contract allows the seller to continue marketing the property while a contingency is pending?
AAcceleration clause
BKick-out (right of first refusal) clause✓ Correct
CDefeasance clause
DSubordination clause
Explanation
A kick-out clause (or right of first refusal clause) allows the seller to continue marketing and, if a better offer is received, to give the contingent buyer a set time to waive the contingency or be released.
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