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REAL ESTATE 101


Real Estate Glossary - K

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Kick-out clause
A clause in a sales contract that allows a seller to accept one buyer's contingent offer, then back out without penalty if a second buyer makes a better offer.

Kit home
A structure that contains prefabricated components and is put together by a contractor.

Knob-and-tube wiring
An old-fashioned wiring system that has been replaced by fuses and circuit breakers.

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