Agency
Under BRRETA, when does a Georgia buyer's brokerage engagement typically terminate?
AA. When the buyer makes an offer on a property
BB. At the end of the term specified in the engagement agreement, upon closing, or upon mutual agreement✓ Correct
CC. When the buyer's financing is approved
DD. Automatically after 90 days
Explanation
A buyer's brokerage engagement terminates at the end of its specified term, upon the successful closing of a transaction, or by mutual agreement. The agreement should clearly state the term and termination conditions.
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