Agency
Which of the following would terminate a listing agency agreement in Iowa?
AThe listing broker taking a vacation
BDeath of the seller✓ Correct
CThe property receiving multiple offers
DBuyer's earnest money being deposited
Explanation
An agency relationship is terminated by operation of law upon the death of either the principal (seller) or the agent (broker). Other events listed do not automatically terminate the listing agreement.
Related Iowa Agency Questions
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- Under Iowa law, which of the following would terminate a listing agreement?
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