Finance
In Montana, 'seller concessions' in a real estate transaction refer to:
AThe seller reducing their price below list price
BMoney the seller pays toward the buyer's closing costs, prepaid items, or points, reducing the buyer's out-of-pocket expenses at closing✓ Correct
CThe seller's agreement to leave personal property behind
DDiscounts the seller gives to family members
Explanation
Seller concessions are amounts the seller contributes toward the buyer's closing costs, discount points, prepaid items, or other buying costs. They are negotiated in the purchase contract and reduce the buyer's cash needed at closing (subject to lender limits).
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