Extender Clause

In real estate, a provision of an exclusive listing agreement that allows the exclusive agent to receive full commission after the exclusive listing agreement has expired if a potential buyer the agent brought to the house during the listing period came back later and decided to complete the purchase. An extender clause is also known as a protection clause or safety clause.

The exclusive listing contract might be for a period of three months; the extender clause would apply for another three months (or whatever period was agreed on in the contract). The purpose of the clause is to reward the agent for doing his job and prevent the seller from abusing the agreement to avoid paying a commission.


Investment dictionary. . 2012.

Look at other dictionaries:

  • XAUI — (pronounced zowie , a concatenation of the Roman numeral X, meaning ten, and the initials of Attachment Unit Interface ) is a standard for connecting 10 Gigabit Ethernet (10GbE) PHY to Ethernet MAC on a printed circuit board. It is also known by… …   Wikipedia

  • IP Pascal — is an implementation of the Pascal programming language using the IP portability platform, a multiple machine, operating system and language implementation system. Overview IP Pascal implements the language Pascaline (named after Blaise Pascal s… …   Wikipedia

  • Dash — Not to be confused with Hyphen or Minus sign. This article is about the punctuation mark. For other uses, see Dash (disambiguation). For guidelines on dash usage in Wikipedia, see Wikipedia:Manual of Style#Dashes …   Wikipedia

  • Luftstreitkräfte der USA — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

  • Luftstreitkräfte der Vereinigten Staaten — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

  • Luftwaffe der Vereinigten Staaten — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

  • U.S. Air Force — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

  • U.S. Airforce — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

  • US-Luftstreitkräfte — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

  • US-Luftwaffe — United States Air Force Siegel der Air Force Aufstellung 18. September 1947 Land …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.