Agency
What happens to a Michigan listing agreement when the seller dies before the property is sold?
AThe listing continues automatically through the estate
BThe listing agreement is terminated because death extinguishes the agency✓ Correct
CThe broker becomes the estate administrator
DThe listing transfers to the heirs
Explanation
Agency relationships are terminated by the death of the principal (seller). A new listing agreement would need to be executed with the estate's authorized representative.
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