Common use of Prohibited Provisions Clause in Contracts

Prohibited Provisions. Except as otherwise provided in paragraph (d), clause (2), licensees shall not include in a listing agreement a holdover clause, automatic extension, or any similar provision, or an override clause the length of which is more than six months after the expiration of the listing agreement.

Appears in 8 contracts

Samples: www.revisor.mn.gov, www.revisor.mn.gov, www.revisor.mn.gov

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Prohibited Provisions. Except as otherwise provided in subdivision 4, paragraph (d), clause (2b), licensees shall not include in a listing agreement a holdover clause, automatic extension, or any similar provision, or an override clause the length of which is more than six months after the expiration of the listing agreement.

Appears in 1 contract

Samples: Listing Contract

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