Kick-Out Clause: A clause in a purchase agreement that allows a seller to accept a buyer's offer while still providing the seller with the opportunity to consider and accept a better offer if received before the sale is finalized.
Kit Home: A kit home, also known as a prefabricated or pre-cut home, is a type of housing that is manufactured off-site in factory-controlled conditions and then delivered to the building site in components or kits.
Kitec: A type of plumbing system that was commonly used in residential properties, particularly between the late 1990s and early 2000s. Kitec pipes and fittings have been associated with potential issues and may require evaluation or replacement.
Knee Wall: A short wall that is typically built in an attic or on a sloped roof to support structural elements, divide spaces, or provide storage areas.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.