Agency
When does a real estate agency relationship typically terminate?
AOnly when the licensee's license expires
BUpon completion of the transaction, expiration of the agreement, or mutual consent✓ Correct
COnly when the principal fires the agent in writing
DAfter 90 days regardless of contract terms
Explanation
Agency relationships terminate upon completion of the purpose (closing), expiration of the agency agreement, mutual agreement to terminate, or by operation of law (death, incapacity, or destruction of the property).
Related New Hampshire Agency Questions
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