Agency
In New Mexico, the termination of an agency relationship can occur by which of the following?
AOnly by the client's written notice
BBy expiration of the listing/representation agreement, mutual agreement, death of either party, or completion of the purpose✓ Correct
COnly by court order
DOnly by NMREC directive
Explanation
Agency relationships may terminate in several ways: expiration of the agreement's term, mutual consent, revocation by the client or renunciation by the agent, death or incapacity of either party, or completion of the purpose.
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