Contracts
A Florida listing broker shows a property to a buyer who later buys the property directly from the seller (FSBO after the listing expired). The broker may be entitled to a commission if:
AThe listing agreement included a 'protection period' or 'safety clause' covering buyers the broker introduced✓ Correct
BThe seller agreed to pay after the fact
CThe buyer made an offer during the listing period
DThe broker filed a lis pendens on the property
Explanation
Most listing agreements include a 'protection period' (safety clause) that entitles the broker to a commission if the property is sold to a buyer the broker introduced during the listing period, even if the sale occurs after the listing expires.
Related Florida Contracts Questions
- The Florida Realtors/Florida Bar (FR/Bar) As Is Residential Contract for Sale and Purchase is commonly used when:
- Under a FAR-BAR 'AS IS' contract, the inspection period is primarily for the buyer to:
- In Florida, a contract signed by a person who has been adjudicated mentally incompetent is:
- A Florida listing agreement that does not specify an expiration date is:
- Under Florida law, a contract entered into by a minor (person under 18) is:
- Under the FAR-BAR contract, if neither party is in default and the transaction cannot close due to a title defect, the buyer's remedy is:
- In a Florida real estate contract, 'mutual assent' requires:
- Under a Florida purchase contract, if a buyer exercises their inspection right and requests repairs, the seller can:
Practice More Florida Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Florida Quiz →