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A listing contract may be terminated once the expiration date elapses...?

T (True)
F (False)

User Mygzi
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1 Answer

1 vote

Final answer:

True, a listing contract can be terminated after the expiration date by providing a 30-day written notice, vacating the property, and returning provided items.

Step-by-step explanation:

True, a listing contract may be terminated once the expiration date elapses. According to the termination clause provided, after the expiration of the leasing period, the agreement may continue on a month-to-month basis. However, it may be terminated by either party given that a 30-day written notice of intention to terminate is provided. For termination to be effective, any 'just cause' requirement by law must be addressed in the notice. Upon termination, the property should be vacated and all keys and other items furnished for the resident's use must be returned to the owner. Failing to vacate or remove belongings can result in the resident being liable for additional rent and damages.

User Chris Cashwell
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