Laws & AgencyQuestion 46 of 120
An agency relationship can be terminated by all of the following EXCEPT:
a.Mutual agreement of the parties
b.Expiration of the listing term
c.Death of the principal
d.A buyer viewing the property
Explanation
Agency terminates by completion of the purpose, expiration of the term, mutual agreement, revocation, renunciation, or death or incapacity of a party. A buyer merely viewing a property does not end an existing agency relationship. Termination rules protect both principals and agents.
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