Alabama Real Estate Practice Exam

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Prepare for the Alabama Real Estate Exam. Utilize flashcards and multiple-choice questions, each coupled with hints and explanations. Ace your upcoming test!

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What can lead to the termination of an agency agreement?

  1. Only the resignation of the agent

  2. Only the expiration of the listing

  3. Performance, expiration, mutual agreement, resignation, or revocation

  4. Performance and mutual agreement only

The correct answer is: Performance, expiration, mutual agreement, resignation, or revocation

An agency agreement can be terminated for various reasons such as expiration, mutual agreement, or revocation, not just resignation of the agent or expiration of the listing. Performance and mutual agreement may also be potential reasons for termination, making option D incorrect. Therefore, the most comprehensive answer would be option C.

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