Agency
What is 'performance' as a way to terminate a listing agency in Hawaii?
AA. When the agent performs all required inspections on the property
BB. The agency ends when its purpose is accomplished—typically when the property is sold and commission is paid✓ Correct
CC. When the seller performs all required disclosure duties
DD. Performance refers to the agent's marketing activities, not termination
Explanation
A listing agency created for a specific purpose (selling the property) terminates when that purpose is accomplished. Once the sale closes and the agent has performed their obligations, the agency relationship ends by completion of its purpose. This is the most natural termination of a listing agency relationship.
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