Which statement about terminating a listing agreement in Maryland is true?

Which statement about terminating a listing agreement in Maryland is true?

• A. Only the broker may terminate
• B. Only the seller may terminate
• C. There is no early termination provision
• D. Per Maryland law, all listing agreements must contain early cancellation by broker or seller

Answer: (D)

In Maryland, listing agreements are contracts that can be ended before their term if either party needs to exit. The law requires an early cancellation provision that lets either the broker or the seller terminate the agreement, typically with written notice. This protects both sides by providing a clear, agreed-upon way to exit if the arrangement isn’t working or conditions change. The other ideas—that only the broker or only the seller can terminate, or that there’s no early termination option—don't fit because Maryland law mandates that flexibility so listing agreements aren’t legally locked in.

In Maryland, listing agreements are contracts that can be ended before their term if either party needs to exit. The law requires an early cancellation provision that lets either the broker or the seller terminate the agreement, typically with written notice. This protects both sides by providing a clear, agreed-upon way to exit if the arrangement isn’t working or conditions change. The other ideas—that only the broker or only the seller can terminate, or that there’s no early termination option—don't fit because Maryland law mandates that flexibility so listing agreements aren’t legally locked in.