Agency

Termination of a listing agreement by mutual consent requires:

AOnly the seller's written request

BAgreement of both the seller and the broker to cancel the listing✓ Correct

CApproval from the Montana Board of Realty Regulation

DReturn of the buyer's earnest money

Explanation

A listing agreement is a contract; cancelling it by mutual consent requires agreement from both parties — the seller/principal and the broker. Either party acting unilaterally may face a breach of contract claim.

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