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How to adopt the kick out clause in real estate contract
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[QUOTE="Augusta, post: 311029, member: 25283"] Real estate contracts are legally binding as such when a contract is initiated all parties involved must be on the same page for it to be binding unless there's a clause to it which must also be accepted by all As in the case of home sale contingency contract, a seller can adopt the kick-out clause to be part of the contract. this gives a measure of protection to the seller against a home sale contingency contract. A kick-out clause gives the seller powerto continue to market the said property and even also accept offers from other buyers. So with this the seller is giving the current buyer a specific time to remove the home sale contingency but this isn't done then the seller has the right to stop the contract and sell the property to the new buyer. What's your thought on this clause [/QUOTE]
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How to adopt the kick out clause in real estate contract
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