Mississippi License Law
A Mississippi salesperson's employment agreement with their broker is terminated. Who owns the listings the salesperson procured?
AThe salesperson, because they obtained them
BThe brokerage, because listings are contracts between sellers and the broker✓ Correct
CThe seller, who may relist with the departing salesperson
DMREC holds the listings in trust
Explanation
Listing agreements are contracts between the seller and the brokerage (broker), not the individual salesperson. When a salesperson leaves, the listings remain with the brokerage.
Related Mississippi Mississippi License Law Questions
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