Contracts
A Kentucky listing agreement that specifies commission is owed if a buyer is procured during the listing period, even if the sale closes after expiration, contains a:
AExtension clause
BExtender clause (safety protection clause)✓ Correct
CKickout clause
DHoldover clause
Explanation
An extender (safety or protection) clause in a listing agreement protects the broker's commission when a buyer introduced during the listing period completes the purchase within a specified time after the listing expires.
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