If you are selling property in the State of 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.

This Maine Kick-Out Clause Addendum for Real Estate Purchase Agreement is a downloadable Microsoft Word document which is easy to fill in with your information.