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Posted by Amber Wason
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What does "CNTG/NO KO" mean?

Many buyers ask me this question, and here’s my thorough answer:

“CNTG/NO KO” Means that the property is under contract, but has at least one pending contingency, and that contingency does not contain a kick-out clause.

as opposed to “CNTG/KO”, which means that there is at least one pending contingency, which does contain a kick-out clause.

What is a “Kick-Out Clause”? Good question. A kick-out clause is a pending contingency that would allow that buyer to be “kicked out” of the contract if another buyer should present a better offer within the kick out period. More info here

Here are all MLS statuses as defined by MRIS:

Hope this was helpful!

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