Agency
A Texas listing agreement can be terminated before the expiration date under which of the following circumstances?
AThe market conditions change unexpectedly
BMutual agreement of the seller and broker, death of either party, bankruptcy, property destruction, or other events rendering performance impossible✓ Correct
CThe seller simply decides not to sell
DThe property is not shown within the first 30 days
Explanation
A listing agreement can be terminated by mutual consent, death or incapacity of either party, destruction of the property, bankruptcy, or other supervening events that make performance impossible. Unilateral withdrawal by the seller may constitute a breach.
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