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ProveMyFloridaCase.com > Posts tagged "exclusive listing agreement"

Limitation on Real Estate Broker’s Procuring Cause Doctrine

  Here is the scenario? A commercial owner enters into an exclusive listing agreement with a real estate broker that gives the broker the exclusive right to sell or lease property within 1 year in exchange for 6% commission.   The exclusive listing agreement provides that the broker is entitled to the commission “if the property was sold or leased within twelve months after termination of the agreement to any buyer to whom the property was submitted for sale during the continuance of the agreement.”  This is the broker's protection period. The broker introduces the commercial owner to a couple.  However, the couple does...

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