Agency
When does a seller's agency relationship typically terminate in Wyoming?
AWhen the property is listed on the MLS
BAt closing or when the transaction falls through✓ Correct
CWhen the seller accepts an offer
DWhen the buyer's inspection is complete
Explanation
A seller's agency relationship typically terminates at closing upon successful completion of the transaction. It may also terminate if the transaction falls through, the listing agreement expires, or either party cancels the agreement.
Related Wyoming Agency Questions
- In Wyoming, the 'procuring cause' in determining commission entitlement refers to:
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- A Wyoming agent's duty of 'reasonable care and diligence' means the agent must:
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