Contracts
A Nebraska purchase agreement with a 'subject to sale of buyer's home' contingency allows the seller to:
ACancel the contract immediately if a better offer comes in
BContinue marketing and invoke a kick-out clause giving buyer notice to waive the contingency or cancel✓ Correct
CExtend the closing date indefinitely
DReduce the sale price if the buyer's home sells for less than expected
Explanation
A home sale contingency often includes a kick-out (release) clause allowing the seller to continue marketing. If another acceptable offer is received, the original buyer gets a specified period to waive the contingency or release the seller.
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