Notably, it's also bad for your pocketbook to book too far in advance, according to CheapAir. People who booked 210 days before the flight ended up paying an average of $475 for a domestic ticket. There are exceptions and caveats, however. If you're booking for a high-traffic time, like Thanksgiving, it can make sense to book well in advance. The optimal time to buy a flight for Thanksgiving weekend in 2012, for instance, was 96 days in advance.
In northern California, this type of status could be called Active with a Release Clause. It's basically a kick-out clause that says if the seller receives an acceptable back-up offer, the seller has the right to give the existing buyer 72-hours notice minimum to release the contingency to sell or cancel the contract.
Typically, releases are employed in the following claims: 1  Personal Injury: Often times, activities involving a high risk of injury will be accompanied by a release clause. 2  Construction projects: Construction contractors often employ a variety of release clauses which prevent the parties from filing a legal claim in the event of a dispute.