This presentation will focus on common clauses in real estate contracts. We will discuss the natures of the clauses and their purposes.Some important contingency clauses should include financing, home inspections, closing costs, and the closing date, among others. Immediate Kick-Out Clause (clause to use when Seller reserves the right to accept another offer because of a contingency):. Protect yourself with this list of important Subject To real estate contracts and documents you'll need, with example clauses and terms. Sample Contract Provisions. This is a list of many helpful provisions, which can be inserted into your purchase contracts. Real Estate Purchase Agreement (Clark. Inside this article, we'll cover contract validity, contract clauses, the different types of real estate contracts, and more. Standard real estate contracts contain the basis for a binding agreement between buyer and seller.