Agency
What is a listing agreement in Nevada and what type of agency does it typically create?
AA lease for commercial space; it creates a landlord-tenant relationship
BA contract between a seller and broker authorizing the broker to market and sell the property; it creates a seller's agency relationship✓ Correct
CA buyer's representation agreement
DA contract between two cooperating brokers
Explanation
A listing agreement is a contract between a property seller and a licensed broker that authorizes the broker to market and sell the property for compensation. It typically creates a seller's agency (or subagency) relationship.
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