Contracts
In Maine, a real estate listing agreement that does not specify a termination date is:
AValid for one year by default
BTerminable at will by either party
CVoid and unenforceable✓ Correct
DValid for 90 days by default
Explanation
Maine MREC rules require listing agreements to have a definite termination date. A listing without a termination date is void and unenforceable.
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