(1) The agency relationships set forth in this chapter commence at the time that the broker undertakes to provide real estate brokerage services to a principal and continue until the earliest of the following:
(a) Completion of performance by the broker;
(b) Expiration of the term agreed upon by the parties;
(c) Termination of the relationship by mutual agreement of the parties; or
(d) Termination of the relationship by notice from either party to the other. However, such a termination does not affect the contractual rights of either party.
(2) Except as otherwise agreed to in writing, a broker owes no further duty after termination of the agency relationship, other than the duties of:
(a) Accounting for all moneys and property received during the relationship; and
(b) Not disclosing confidential information.
(1) The agency relationships established pursuant to this chapter continue until the earliest of the following:
(a) Completion of performance by the broker;
(b) Expiration of the term agreed upon by the parties;
(c) Termination of the relationship by mutual agreement of the parties; or
(d) Termination of the relationship by notice from either party to the other. However, such a termination does not otherwise affect the contractual rights of either party.
(2) Except as otherwise agreed to in writing, a broker owes no further duty after termination of the agency relationship, other than the duty:
(a) To account for all moneys and property received during the relationship; and
(b) To not disclose confidential information.