Contracts
In Alabama, a listing agreement is a contract between:
AThe buyer and the seller
BThe seller and the real estate broker✓ Correct
CThe buyer and the buyer's agent
DThe broker and AREC
Explanation
A listing agreement is an employment contract between the seller (principal) and the real estate broker (agent). It authorizes the broker to find a buyer and specifies compensation.
Related Alabama Contracts Questions
- An addendum to a real estate contract:
- In a real estate contract, the term 'liquidated damages' refers to:
- If a buyer makes an offer and the seller responds with different terms, the seller's response is legally considered:
- An option contract in real estate gives the buyer the:
- What happens to the original offer when a seller submits a counteroffer?
- Which of the following statements about an Alabama exclusive right to sell listing is TRUE?
- In Alabama, earnest money is held by the broker in a:
- In a real estate contract, 'consideration' most commonly takes the form of:
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →