Agency
In Arizona, which document is used to establish a formal buyer representation relationship and define the broker's compensation?
AThe Seller's Property Disclosure Statement
BThe Buyer Broker Agreement✓ Correct
CThe MLS Data Sheet
DThe Earnest Money Receipt
Explanation
The Buyer Broker Agreement (buyer representation agreement) is the written contract that establishes the agency relationship between the broker and the buyer, defines the scope of services, and establishes the broker's compensation.
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