Section 5.27 Expiration, Extension and Renewal of Listings

Any Listing filed with CVR MLS will automatically expire on the termination date specified in the Listing Agreement, unless renewed or extended by the Listing Participant and the new expiration date is entered in the MLS system prior to midnight of the original expiration date. Once the expiration date has past, only CVR MLS staff has the ability to change the expiration date.

Practice Note: Participants and Subscribers are no longer required to provide CVR MLS with the Sellers authorization, signed by the Seller, to extend a listing at the time the listing expiration date is modified. However, documentation of such written authorization is subject to audit and verification by CVR MLS. The same applies to releases and withdrawals.

Article 5: LISTING PROCEDURES

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