Jane is the owner of 789 Main Street s wner of 789 Main Street. She has signed an Ontario Real Estate Association Listing th ABC Realty Inc. with a commission rate of 5% commencing on August 3rd and terminating 21st The holdover clause is for 40 days. On October 31st, the listing expires and Jane decides she no longer wishes to sell the property. Jim is a buyer who was shown the property on August 19th and roaches Jane to see if she would be interested in selling privately to him. A private offer is accepted by Jane on November 15th and closes on December 30th. Based on the information presented, is Jane obligated to pay ABC Realty Inc. a commission? a No, Jane will not owe any commission because the closing date of December 30th is after the expiry of listing agreement and the holdover period. b Yes, but Jane will only owe ABC Realty Inc. 2.5% commission because the buyer was not using the brokerage in order to make the purchase. c Yes, Jane will owe ABC Realty Inc. 5% commission because the private sale with Jim was agreed to dur the holdover period and Jim was introduced to Jane's property during the listing period. d No, Jane will not owe any commission because the holdover period only applies to buyers who are introduced to the property during the holdover period. Andrew is explaining the OREA Buyer Representation Agreement to a potential buyer who is interested in purchasing a property that is listed for sale with ABC Realty Inc. The listing shows a commission rate of 2.5% of the sale price for a co-operating brokerage. After explaining the form, Andrew's buyer is still unsure or now the holdover would apply and if a commission would be owed if he were to purchase a property during the holdover period privately from a seller. the following statements is correct based on the holdover clause in OREA's Buyer Representation Agreement? b Commission would be paya mission would be payable if the buyer was shown the property during the term of the buyer sentation agreement and it was purchased prior to the holdover period expiring. MISSIon would be payable if the buyer purchased a property after the expiry of the holdover period that me general description and geographic location identified on the buyer representation agreement. Ssion would be payable if the property was shown to the buyer before the holdover period as long as le transaction closed prior to the expiry of the holdover period. Osion would be payable only if the private seller does not offer 2.5% of the sale price and the sale of the property closed during the holdover period. d Commission would be payable