Canada Legal .com Directory of Canadian Legal Resources |
Maine Kick-Out Clause Addendum to Real Estate Purchase Agreement
If you are selling property in Maine, contingent on the buyer's sale of another property, add this Kick-Out Clause Addendum to the Real Estate Purchase Agreement.
- The Kick-Out Clause Addendum gives the seller the right to continue to try to sell the property and to consider offers from other potential buyers.
- If a bona fide offer is received, the seller gives notice to the buyer, who then has the option of removing the contingency and proceeding with the sale.
- If the contingency is not removed the seller may terminate the agreement and return the buyer's earnest money deposit.
Download: Maine Kick-Out Clause Addendum to Real Estate Purchase Agreement
Related Forms:
Related Categories:
More: FormsHound.com
NOTICE: E.&O.E. See important legal disclaimer (www.canadalegal.com/legal.asp) |
©1998-2024 Canada Legal .com | Dec 22, 2024 |