What must you not be in order to sign a listing agreement?

To sign a listing agreement, an individual must have the legal capacity to enter into contracts. This means they must be mentally competent, which includes being able to understand the terms and implications of the agreement. Mental incompetence can arise from various conditions that impair one's ability to make rational decisions or understand the contractual obligations.

Individuals who are mentally incompetent are not considered capable of providing informed consent, which is essential for a valid contract. Therefore, if someone is declared mentally incompetent by a court or due to a significant mental impairment, they cannot legally enter into a listing agreement.

In contrast, while being illiterate may present challenges in understanding the contract, literacy itself does not negate the ability to contract. Being underage typically poses restrictions, as minors may not have the legal capacity to engage in contracts unless certain conditions are met. Unemployment is not a factor that affects one's ability to sign a listing agreement; it pertains more to a person’s financial situation than their legal capability.