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AgencyListing AgreementsMEDIUM

North Dakota listing agreements must include:

Correct Answer

B) A definite expiration date

Listing agreements must be in writing with a definite expiration date.

Answer Options
A
A guaranteed sale price
B
A definite expiration date
C
The buyer's name
D
Commission approval

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Related Topics & Key Terms

Related Topics:

consumer-protectionStatute-of-Frauds

Key Terms:

listingexpirationwritten

Related Concepts

An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.

An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.

The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.

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