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On March 1, a licensee took an exclusive right-to-sell listing on a property for 120 days. On April 30, the licensee forgot to renew his
On March 1, a licensee took an exclusive right-to-sell listing on a property for 120 days. On April 30, the licensee forgot to renew his real estate license. Which of tha following is
true regarding the listing?
O
0 2
O
It is voldable by the owner since the licensee's real estate license expired.
The listing expires upon expiration of the licensee's real estate llcense.
The sellers can relist the property with any real estate company they choose.
The listing remains a valid listing agreement with the licensee's sponsoring broker.
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Accounting Information Systems Understanding Business Processes
Authors: Brett Considine, Alison Parkes, Karin Olesen, Michael Lee, Derek Speer
3rd Edition
1742165559, 978-1742165554
