Contracts
Under Oregon law, a listing agreement is a contract between:
AThe seller and the buyer's agent
BThe seller and the licensed principal broker or their firm✓ Correct
CThe seller and the MLS
DThe seller and OREA
Explanation
A listing agreement is a contract between the property owner (seller) and a licensed principal broker or their registered business entity. Individual brokers affiliated with the firm are authorized to perform services under the listing, but the contract is with the principal broker's firm.
Related Oregon Contracts Questions
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