actually, unless there is something within the contract stating the contract cannot be terminated without cause or certain actions have to have taken place prior to it being terminated, he could terminate the contract at any time. He simply writes a letter to the other party stating that as of such and such time and day he is terminating the contract.
If there are some specific actions required to have taken place or that need to be taken prior to termination, then he needs to deal with that.
Even if there are requirements of it requiring cause, he is still likely to be able to terminate the contract but how and when will depend on exactly what is within the contract.
The agreement has 'Non-circumvention', 'Confidentiality', 'Financial Info & Authorization' and 'Exclusive Agent' clauses. To provide financing or sale for the property. There is a fee stipulation when either goal is achieved. Plus token consideration which was paid.
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