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The holdover period is a defined amount time following the expiration of a listing agreement during which the listing brokerage would be entitled to a commission if the property were sold to someone who was introduced to it while it was listed.

An exclusive right to sell listing agreement will usually include a term length for the duration of the contract, termination rights in the event either party wants to end the contract early, terms for the agent's compensation, and a detailed description of the property being sold.

As defined by the National Association of Realtors, an exclusive right-to-sell listing agreement is a contract between the listing agent and the owner of the home, wherein the seller agrees to compensate the agent's efforts regardless of who ultimately brings forth a buyer.

A holdover clause protects landlords if tenants fail to vacate their space promptly upon the lease's termination date. The clause's language states that if a tenant stays beyond the end of the lease, they have to pay an economic penalty. Pricewise, here's how economically damaging a holdover clause can be for a tenant.

Wyoming LLC Fees Starting the company only requires a $100 filing fee payable to the Wyoming Secretary of State. The price is $102 if you file online. There is a $2 convenience fee. We only charge $199 to form a Wyoming LLC.

Hear this out loud PauseYou can form a Wyoming LLC even if you don't live in Wyoming. Residency in the state, or the USA, is not required to form a company. A majority of LLCs are formed by non-residents. Forming an LLC in Wyoming as a non-resident is the same process as for a resident.