Contracts
A Louisiana listing agreement that contains a 'protection clause' means the broker is entitled to a commission if a buyer who was shown the property during the listing period:
ABuys the same type of property from another seller within one year
BPurchases the property within a specified time after the listing expires, if the broker introduced the buyer to the property✓ Correct
CRefuses to make an offer during the listing period
DIs related to the seller
Explanation
A protection clause (sometimes called an 'extender clause' or 'tail period') gives the listing broker a right to commission if a buyer who was introduced to the property during the listing period purchases it within a specified time after the listing expires.
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