Agency
A 'buyer representation agreement' in NC should specify:
AOnly the buyer's maximum budget
BThe buyer's agent's duties, the term of the agreement, geographic area, property type, compensation, and termination provisions✓ Correct
COnly the commission amount
DOnly the agent's contact information
Explanation
A comprehensive buyer representation agreement covers the scope of representation, agent's duties, geographic area, property type sought, compensation structure, duration, and termination provisions.
Related North Carolina Agency Questions
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