Agency
In Maine, which of the following is a common reason for terminating an agency relationship?
AThe buyer finds a home they like
BExpiration of the listing agreement or buyer brokerage agreement term✓ Correct
CThe agent becomes too busy
DThe property is rented rather than sold
Explanation
Agency relationships in Maine are commonly terminated by expiration of the agreement term, completion of the purpose (closing), mutual agreement, or death/incapacity of a party.
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