Which of the following is NOT a way to terminate a listing agreement?

Enhance your understanding of the Colorado Law and Practice Test. Prepare with multiple choice questions, flashcards, and explanations that make it fun to study. Get exam ready!

The option that indicates a termination method not applicable to a listing agreement is especially relevant when understanding the nature of such agreements in real estate transactions. In the context of Colorado law, a listing agreement can indeed be terminated in several legitimate ways, including at closing when the property has successfully been sold, expiration of the agreement when the time period specified in the contract comes to an end, and mutual agreement where both parties decide to terminate the agreement cooperatively.

Revocation by the broker, while possible, does not typically function as a standard or straightforward method of termination. A broker may choose to revoke a listing agreement; however, this action must be based on specific conditions and is often subject to the terms of the agreement itself. It may require cause, an understanding of the overall circumstances—including obligations to the seller and potential liabilities—and proper notice. Therefore, it does not exemplify a standard or accepted avenue for all listing agreements, setting it apart from the other methods that are more universally recognized as terms for termination.

This distinction reinforces the idea that the act of terminating a listing agreement needs to follow principles and client broker relationships established by real estate law. It ensures that both parties are protected and that the broker’s actions are aligned with legal and ethical standards within the

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