addendum of clauses: Real Estate Alphabet Soup: K for Kick-Out Clause
- 10/11/21 01:54 PM
Another one! Welcome to another episode of Real Estate Alphabet Soup where we understand more about real estate one letter at a time. For this entry, we're now at letter K. K for Kick-Out ClauseKick-out clauses are like clauses where one party can give a notice either to remove the contingency in place or to avoid the contract. In my experience, the common one in the DMV area we see is the home of choice or home of sale contingency where the buyer won't purchase a home until they sell their home, or the other way around -- where the seller will
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