Contracts
A Vermont real estate listing agreement that sets no expiration date:
AIs valid indefinitely until the seller cancels
BIs generally unenforceable or void for lack of a definite term✓ Correct
CAutomatically expires after one year
DIs the preferred form under VREC rules
Explanation
A listing agreement without a definite expiration date may be considered unenforceable or contrary to Vermont real estate practice. Listing agreements should specify a clear expiration date.
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