Contracts
A 'kick-out clause' in a NH purchase and sale agreement allows the seller to:
ATerminate the contract at any time for no reason
BContinue marketing and accept a better offer, giving the existing buyer a set time to waive contingencies or be removed✓ Correct
CLower the price unilaterally after the inspection
DKick out any buyers who are pre-qualified only (not pre-approved)
Explanation
A kick-out (or bump) clause allows a seller with an accepted offer (that includes a home sale contingency) to continue marketing and, upon receiving another offer, give the original buyer a short time to waive the contingency or be replaced.
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