Contracts
In an Arizona residential purchase, the seller's obligation to pay real estate commissions is established by:
AState law requiring commission payment
BThe listing agreement between the seller and listing broker✓ Correct
CThe MLS cooperative compensation agreement
DThe Arizona Association of Realtors
Explanation
The seller's obligation to pay a commission is established by the listing agreement—a contract between the seller and the listing broker. The MLS cooperative compensation is between brokers and doesn't directly obligate the seller to the buyer's broker.
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