Agency
When does a listing agreement typically terminate in Louisiana?
AWhen the property is shown to the first buyer
BUpon expiration of the agreed term, sale of the property, mutual agreement, or death of a party✓ Correct
CWhen the seller receives their first offer
DOnly when the LREC cancels it
Explanation
A listing agreement in Louisiana terminates upon: expiration of the agreed term, completion of the sale, mutual agreement to terminate, death of a party, or other legally recognized grounds.
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