Contracts
A Florida listing agreement that does not specify an expiration date is:
AValid and continues indefinitely
BInvalid for lack of a definite term✓ Correct
CAutomatically renewed every 90 days
DTerminable only by FREC order
Explanation
Florida law (FREC Rule 61J2-10.028) requires listing agreements to have a definite expiration date. A listing agreement without a definite termination date is void and unenforceable. FREC may discipline the broker for using such an agreement.
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