Agency
Which of the following would terminate a listing agreement in Delaware?
AThe seller listing with a second broker while the listing is active
BDeath of the seller, mutual agreement, or expiration of the listing term✓ Correct
CThe buyer withdrawing an offer
DA property inspection revealing defects
Explanation
A listing agreement is terminated by: expiration of the listing term, mutual consent, death or incapacity of the seller or broker, destruction of the property, or breach.
Related Delaware Agency Questions
- When a Delaware salesperson procures a buyer for a property listed by their own broker, what type of agency relationship exists?
- What does the Delaware term 'ministerial acts' mean in the context of a transaction broker?
- What is the duty of 'reasonable care and diligence' in a Delaware agency relationship?
- What is the 'NAR Code of Ethics' and how does it apply to Delaware REALTORS?
- A Delaware buyer's agent discovers that the property has a history of flooding not disclosed by the seller. What should the agent do?
- Under Delaware agency law, what duty requires an agent to place the client's interests above their own?
- An agent's duty of accounting requires the agent to:
- What is a 'competitive market analysis' (CMA) and how does it differ from an appraisal?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →