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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.
The release clause is what allows real estate investors or developers to sell one property covered by the blanket mortgage without having to pay off the entire blanket mortgage. This is one of defining characteristics of a blanket loan.