NIESV FEM Practice Questions - NIESV Foundation In Estate Management, Nigeria Exam

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Under Nigerian law, which of the following events automatically terminates an estate agency relationship by operation of law?

Unilateral revocation of authority by the principal The death or legal insanity of either the principal or the agent The expiration of a standard 30-day marketing window A disagreement regarding the commission rate after a buyer is found

Correct Answer:

The death or legal insanity of either the principal or the agent

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