Legal Definitions - override

Override (noun) refers to a commission paid to a manager or a real-estate broker.

1. When a subordinate makes a sale, the manager receives an override commission.
2. When a property owner sells their property directly to a buyer with whom the broker had negotiated during the term of the listing, the broker receives an override commission.
3. Override (verb) means to prevail over or nullify something.

1. The manager received an override commission of 5% on the sale made by his subordinate.

2. The real-estate broker received an override commission of 3% when the property owner sold the property directly to the buyer with whom the broker had negotiated during the term of the listing.

3. Congress mustered enough votes to override the President's veto.

The examples illustrate the different contexts in which the term "override" is used. In the first two examples, "override" refers to a commission paid to a manager or a broker. In the third example, "override" means to nullify or set aside something, in this case, the President's veto.