What does CNKO mean?

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1017960

2026-04-18 10:15

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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.

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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.

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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.

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