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A safety clause in the fee provision of a listing agreement extends for an additional period after the listing expires the right of a broker to earn a fee for the time and money the broker and his listing agent invest during the listing period in their effort to market the listed property and locate a buyer.
Welcome to the Covenants, Conditions, and Restrictions section of FindLaw's Real Estate Center. Covenants, conditions, and restrictions (also called CC&Rs) are used by many common interest developments, including condominiums and co-ops, to regulate the use, appearance, and maintenance of property. CC&Rs often restrict what homeowners can do on their property.