Contracts
Oklahoma real estate contracts may include a 'seller's right to continue showing' clause that allows the seller to:
ASell to another buyer at any time before closing
BContinue to show the property and potentially accept backup offers while under contract with a contingency✓ Correct
CTerminate the contract for any reason
DRaise the price if a better offer comes in
Explanation
A seller's right to continue showing (kick-out clause) allows the seller to continue marketing the property while it is under contract with a purchase contingency. If another buyer makes an acceptable offer, the original buyer must waive the contingency or lose the property.
Related Oklahoma Contracts Questions
- An escalation clause in an Oklahoma purchase contract allows the buyer to:
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