Agency
Under Wisconsin law, a listing broker's 'protection period' clause in a listing agreement provides that the broker is entitled to a commission if:
AThe property sells at any point in the future
BThe property sells within a specified period after the listing expires to a buyer the broker introduced during the listing✓ Correct
CThe seller re-lists with the same broker
DAny offer is presented during the listing period
Explanation
A protection period (safety clause) entitles the broker to a commission if the property sells within a defined period after the listing expires to a buyer who was introduced to the property by the broker during the listing.
Related Wisconsin Agency Questions
- In Wisconsin, multiple representation (dual agency) requires:
- A Wisconsin disclosed dual agent must obtain written consent from both parties and must not:
- A Wisconsin listing broker's duty of confidentiality to the seller means the broker must not disclose the seller's:
- A Wisconsin buyer's agent who knows the seller is in financial distress but does NOT disclose this to the buyer is:
- Under Wisconsin law, a buyer's agent owes the buyer all of the following duties EXCEPT:
- Wisconsin's agency disclosure requirements are designed to ensure that consumers:
- Wisconsin's agency disclosure requirement helps consumers understand:
- A Wisconsin buyer who has not signed a buyer agency agreement but is working with a licensee is classified as a:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →