What is the holdover provision period in Manitoba MLS listing contracts?

What is the holdover provision period in Manitoba MLS listing contracts?

• A. 30 days
• B. 60 days
• C. 90 days
• D. 120 days

Answer: (B)

The holdover provision is about protecting the listing broker after the listing ends. It creates a limited post‑expiration window during which the broker can still earn a commission if a sale to a buyer who was introduced during the listing occurs. In Manitoba MLS listing contracts, that holdover period is 60 days. This timing balances the seller’s post‑listing flexibility with the broker’s right to be compensated for buyers they brought to the table during the listing. If the sale happens after those 60 days, the broker typically wouldn’t claim the commission under this holdover rule.

The holdover provision is about protecting the listing broker after the listing ends. It creates a limited post‑expiration window during which the broker can still earn a commission if a sale to a buyer who was introduced during the listing occurs. In Manitoba MLS listing contracts, that holdover period is 60 days. This timing balances the seller’s post‑listing flexibility with the broker’s right to be compensated for buyers they brought to the table during the listing. If the sale happens after those 60 days, the broker typically wouldn’t claim the commission under this holdover rule.