Finance
In Georgia, 'seller concessions' in a transaction are:
AAlways paid by the listing broker
BAmounts the seller agrees to contribute toward the buyer's closing costs✓ Correct
CDiscounts the seller gives on the listing price
DRequired by law in all residential transactions
Explanation
Seller concessions are negotiated amounts where the seller agrees to contribute toward the buyer's closing costs, reducing the cash the buyer needs to bring to closing. Lenders have limits on allowable concessions by loan type.
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