Agency
A buyer's representation agreement in Louisiana creates:
AAn agency relationship where the agent represents the seller
BAn agency relationship where the agent exclusively represents the buyer✓ Correct
CA transaction brokerage arrangement only
DA co-brokerage agreement between two firms
Explanation
A buyer's representation agreement creates an agency relationship in which the agent owes fiduciary duties exclusively to the buyer, including loyalty, confidentiality, disclosure, and reasonable care.
Related Louisiana Agency Questions
- In Louisiana, when the listing agent and selling agent are from the same brokerage, the transaction is typically handled as:
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