Agency
Vermont agency relationships may be terminated by:
AOnly mutual agreement in writing
BExpiration of the agreement, completion of the purpose, mutual agreement, death or incapacity of the principal, or destruction of the property✓ Correct
COnly the broker's decision
DOnly by court order
Explanation
Agency relationships terminate automatically upon expiration of the agreement, fulfillment of purpose (closing), mutual consent, death or incapacity of a principal, or destruction of the subject property. Either party may also terminate with proper notice.
Related Vermont Agency Questions
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