If it is listed for sale, they are allowed to have it for rent as well. However, they are not allowed to have it listed for sale, when in fact they have no intentions on selling the property. The best way to find out the actual status is to ask your Realtor to look into it for you. Admin errors happen, and need to be brought up when found. Hope this helps!
Doug Van Liew
The Real Estate Group
401 N. Great Neck Rd., Ste.126
Virginia Beach VA 23454
Cell: (757) 506-9836 (Call/Text)