0
When the status on a property is listed as "Contingent w/no kick-out" (CNKO) it means that an offer has been presented to the seller with contingencies, and if those contingencies are not satisfied, then the seller may take another offer.
A "kick-out" clause is sometimes used if a seller wants to reserve the option to accept a better offer, once the property is under contract. A "no kick-out" clause means that the seller relinquishes this option once his/her home is under contract.
So, in your example "Contingent w/no kick-out" means that the seller has accepted an offer with contingencies, but cannot accept another offer unless those contingencies are not satisfied.
What else can I help you with?
What does the abbreviation Cnko stand for in real estate?
"Contingent with No Kick Out."
What does LFG mean?
LFG- mean's looking for group
What does pending in real estate mean?
What does option pending mean?
What does non-certified mean?
I saw my doctor for a injury sustanin at work his report said non certified. What does this mean. Does it mean I can not work.
What mean of corporate and institute sales?
what mean of corporate and institute sales
What does the abbreviation Cnko stand for in real estate?
"Contingent with No Kick Out."
What does descriptor mean?
It mean what you don't what does it mean.
What does mean mean in statistics?
Mean is the average.
Who was king Henry and what did he do?
he was a mean person who lived with mean people in a mean castle on a mean hill in a mean country in a mean continent in a mean world in a mean solar system in a mean galaxy in a mean universe in a mean dimension
What does GRI mean?
What does GRI mean? What does GRI mean?
What do the hardens mean mean?
The haudensaunee mean irguios
Do you say 'what does it mean' or 'what is it mean'?
The correct usage is "what DOES it mean"
Does mean mean average?
No, but sometimes "average" means "mean" - when it doesn't mean median, geometric mean, or something else entirely.
What is a metaphor for being mean?
He is as mean as a copperhead snakeHe is as mean as an angry bearHe is as mean as a bottle of brandyHe is as mean a black woman
What is the present and future tenses of the word meant?
Present - I mean, She means. Future - I will mean, She will mean. Past - Meant.
What does what do you mean mean?
as you do
What does it mean if you are a guy and have a boyfriend?
What do you mean "what does it mean"? It doesn't "mean" anything, it's just a fact.
