Contracts
A Massachusetts listing agreement that automatically renews unless cancelled is called a(n):
AExclusive agency agreement
BEvergreen clause✓ Correct
CNet listing
DOpen listing
Explanation
An 'evergreen clause' or automatic renewal provision causes the listing agreement to renew automatically at the end of its term unless one party gives notice of cancellation. Massachusetts agents should be cautious using these.
Related Massachusetts Contracts Questions
- In Massachusetts, a 'right of first refusal' in a lease gives the tenant the right to:
- A Massachusetts seller accepts a buyer's offer and then immediately receives a better offer. The seller may accept the second offer only if:
- In Massachusetts, a 'merger doctrine' in real estate law provides that after closing:
- Under Massachusetts law, a listing broker may earn a commission even if the sale fails to close when:
- Massachusetts P&S agreements commonly include a 'Buyer's and Seller's Statement' clause requiring each party to certify at closing that no representations have been made that are not contained in the P&S. The purpose is to:
- Under Massachusetts law, an option to purchase real estate gives the buyer:
- In Massachusetts, an Offer to Purchase Real Estate is typically:
- Under Massachusetts law, a 'recording act' provides that subsequent purchasers:
Practice More Massachusetts Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Massachusetts Quiz →