Contracts
In Montana, a real estate broker who has an exclusive right-to-sell listing is entitled to a commission when their client later sells the property during the protection period to a buyer the broker registered. For this protection period to apply, the broker typically must:
AFile a lawsuit within 30 days of the listing expiration
BHave submitted a written list of the broker's registered prospects to the seller within the specified time after the listing expires✓ Correct
CWait for the seller to contact them about the sale
DRecord a notice of broker's commission claim with the county
Explanation
To protect the commission during the carryover period, the broker typically must provide the seller with a written list of registered prospects (buyers the broker introduced) within a specified period after the listing expires or is cancelled.
Related Montana Contracts Questions
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