Agency
Under Oklahoma law, what written document is used to create a seller agency relationship?
ABuyer representation agreement
BListing agreement✓ Correct
CDisclosure of brokerage relationship form
DCommission agreement
Explanation
A listing agreement is the written contract that creates a seller agency relationship in Oklahoma. It authorizes the broker to market the property and specifies the terms of representation, commission, and listing period.
Related Oklahoma Agency Questions
- Under Oklahoma's agency disclosure requirements, which of the following must be disclosed by a dual agent?
- Ostensible agency (apparent authority) arises when:
- Agency by ratification occurs when:
- The difference between actual authority and apparent authority in Oklahoma agency law is:
- An Oklahoma agent who represents a seller must present all offers regardless of:
- Which duty does an Oklahoma buyer's agent owe that is NOT owed by a transaction broker?
- An Oklahoma listing agent who learns the seller is under extreme financial pressure to sell should:
- A buyer's agent in Oklahoma owes which fiduciary duty that a seller's agent does NOT owe to the buyer?
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