A listing contract will not terminate if Multiple Choice the sellers move out of state

Finance Dec 24, 2020

A listing contract will not terminate if Multiple Choice the sellers move out of state. the specified period expires either party breaches the listing agreement. the property is sold

Expert Solution

Answer a) The seller move out of state

The sellers location does not terminate a listing contract.

All listing contracts have an expiratin date upon which the listing contract is terminated. If a broker hasn't included an expiration date, his liscense can be suspended or revoked.

Breaching of the listing contract by either of the parties will terminate the contract.

If the property is sold, the listing contract will get terminated.

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