Agency
What is a 'buyer agency agreement' and what are its typical key terms in Idaho?
AA document only used in commercial transactions
BA written agreement establishing the buyer-agent relationship, including the scope of representation, duration, compensation, and geographic area✓ Correct
CAn MLS membership agreement
DA pre-approval letter from a lender
Explanation
A buyer agency agreement (buyer representation agreement) in Idaho is a written contract establishing the agency relationship between a buyer and their agent, specifying the agent's duties, compensation, the geographic area, and the term of representation.
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