All of the following are valid ways to terminate an agency relationship EXCEPT:
Correct Answer
C) The agent unilaterally abandoning the client to work with a more profitable prospect
An agency relationship may be lawfully terminated by expiration of the agreement, mutual consent of the parties, death or incapacity of either party, destruction of the property, or completion of the purpose. However, an agent may NOT unilaterally abandon a client simply to pursue a more profitable prospect. Doing so would constitute a breach of fiduciary duty and could subject the licensee to disciplinary action by the Mississippi Real Estate Commission, including suspension or revocation of their license.
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