Agency
A New Mexico listing expires without a sale. The seller then sells to a buyer who the listing broker introduced during the listing period. The listing broker is entitled to a commission if the listing agreement contained a(n):
AAutomatic renewal clause
BExtender clause (safety clause)✓ Correct
COverride provision for all buyers
DHoldover clause in perpetuity
Explanation
An extender (or safety/override) clause protects the broker by providing that if the property sells within a specified period after expiration to a buyer the broker introduced, the broker is still entitled to their commission.
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