Agency
In South Carolina, a 'limited service agreement' between a broker and client means:
AThe broker provides all traditional services at a reduced rate
BThe broker provides only specified limited services rather than full representation✓ Correct
CThe client limits the broker's ability to show the property
DThe broker limits their representation to commercial properties only
Explanation
A limited service agreement specifies that the broker will only provide certain defined services (e.g., listing on MLS) rather than full-service representation. SC law requires such agreements to clearly specify what services will and will not be provided.
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