38. Any agreement binding a natural person, for a fixed period after the expiry of the contract, to compensate the broker even if the sale, leasing or exchange of an immovable property is effected after such expiry, is without effect.
The first paragraph does not apply if the agreement provides that compensation is due where
(1) the contract is exclusive;
(2) the sale, leasing or exchange is made with a person who became interested in the immovable property while the contract was in force;
(3) the transaction occurs not more than 180 days after the date of expiry of the contract and during that period, the natural person did not enter into an exclusive contract for the sale, leasing or exchange of the immovable property with another broker.
1991, c. 37, s. 38; 1999, c. 40, s. 95.