Key Real Estate Terms I spend hours every day looking at listings online. It's part of my job to know what's out there, and of course to know what all the terms mean. However, I got to thinking today, what questions do most people have when looking at listings online? So, I had my husband, Robert, look at some listings on one of the main-stream real estate search engines, to see what questions he would have. Here's what we found: Robert: "Under 'status', what does CNTG/No Ko mean?" CNTG/No Ko: This is an abbreviation for 'Contingent, No Kick-Out'. This means that the listing you're looking at has a ratified contract, meaning that the contract and all terms have been agreed upon and signed by both the buyer and seller. The 'No Kick-Out' part means that there are contingencies on the contract (such as Home Inspection or Appraisal), but the seller is not able to accept any other offers at this time. The alternative is: CNTG/