Contracts
In Mississippi, which type of listing agreement gives the broker the right to earn a commission even if the seller ultimately refuses to sell?
AOpen listing
BExclusive right to sell—if the broker produces a ready, willing, and able buyer per the listing terms✓ Correct
CExclusive agency
DNet listing
Explanation
Under an exclusive right to sell listing, the broker earns a commission if they produce a buyer who is ready, willing, and able to purchase on the seller's terms—even if the seller subsequently refuses to sell. The broker has fully performed their obligation.
Related Mississippi Contracts Questions
- An integration clause in a Mississippi real estate contract states that:
- Which of the following would make a Mississippi real estate contract voidable?
- A bilateral contract in real estate is one where:
- A Mississippi seller tells their agent, 'I'll accept $195,000 but I'm listed at $210,000.' The agent shows the property to a buyer who offers $200,000. The agent must:
- In Mississippi, specific performance is a remedy for breach of a real estate contract that:
- A Mississippi commercial tenant has a 10-year lease and wants to sublease a portion of their space to a subtenant. If the lease is silent on subleasing:
- Under Mississippi contract law, the remedy of 'rescission' allows:
- A voidable contract in Mississippi is one that:
Practice More Mississippi Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Mississippi Quiz →