Agency
What is 'protection period' or 'safety period' in a Hawaii listing agreement?
AA. The period during which the seller is protected from lawsuits about property condition
BB. A period after the listing expires during which the broker is still entitled to commission if a sale occurs to a buyer who was introduced to the property during the listing term✓ Correct
CC. The time period during which a buyer's offer is protected from withdrawal
DD. A safety inspection period required before any listing is marketed
Explanation
The protection period (also called safety clause or extender clause) protects the listing broker's right to commission after the listing expires. If the property sells during the protection period (typically 90-180 days) to a buyer who was introduced to the property during the listing term, the broker earns the commission.
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