Contracts
The transfer of a listing agreement from one broker to another without the seller's consent is:
AAcceptable if the reason is the broker's retirement
BProhibited — listing agreements are personal service contracts and cannot be assigned without the seller's consent✓ Correct
CAllowed by GREC if the transaction is in progress
DStandard practice when a broker closes their office
Explanation
A listing agreement is a personal services contract between the seller and the broker. It cannot be assigned to another broker without the seller's written consent.
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