Contracts
When an Oregon listing agreement expires with the property unsold, the seller:
AIs obligated to re-list with the same broker
BOwes no commission to the broker unless the safety clause applies✓ Correct
CMust pay a termination fee to the broker
DAutomatically extends the listing for 30 days
Explanation
When a listing agreement expires, the seller is generally free to sell the property without owing a commission to the former listing broker — unless the safety (protection period) clause applies to a buyer the broker introduced during the listing period.
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