Withdrawal-From-Sale Clause
Definition
A provision in an exclusive-right-to-sell contract that requires the seller to pay the real estate broker a commission if the seller chooses not to sell the property during a specific period.
Now Live on Quimbee Study Aids: AI Instant Feedback gives you coaching on your practice essays in real time, so you can write, get personalized feedback, and revise all in one sitting.
A provision in an exclusive-right-to-sell contract that requires the seller to pay the real estate broker a commission if the seller chooses not to sell the property during a specific period.