Agency
When does a listing agency agreement typically terminate?
AOnly when the property is sold
BUpon expiration of the agreement, mutual consent, completion of purpose, or death of a party✓ Correct
CAfter 6 months by Montana law
DWhen the agent submits the property to the MLS
Explanation
Agency agreements terminate upon expiration of the agreed term, completion of the purpose (sale), mutual consent of the parties, death or incapacity of a party, or destruction of the property.
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