Agency
A Rhode Island agent wants to terminate a buyer agency agreement before the term expires. Under what circumstances can this be done?
ANever; it is irrevocable
BBy mutual agreement of both parties, by operation of law, or under conditions specified in the agreement✓ Correct
COnly if the buyer fails to buy a property
DOnly with DBR approval
Explanation
A buyer agency agreement can be terminated by mutual agreement, expiration of the term, completion of the purpose, death or incapacity of a party, or other conditions specified in the agreement (such as a breach).
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