Contracts
In West Virginia, a 'kick-out clause' (right of first refusal clause) in a purchase contract with a home sale contingency allows the seller to:
AKick the buyer out of the contract without reason
BContinue marketing the property and, if a new offer is received, give the original buyer a specified time to remove the home sale contingency or be replaced by the new buyer✓ Correct
CCancel the contract at any time during the contingency period
DReduce the sale price if the buyer's home doesn't sell on time
Explanation
A kick-out (bump) clause allows the seller to continue marketing when a buyer has a home sale contingency. If a second buyer makes an acceptable offer, the first buyer gets a set period (e.g., 72 hours) to remove the contingency or lose the contract.
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