Agency
In Tennessee, the term 'procuring cause' is important in determining:
AWhich party pays the property taxes at closing
BWhich broker is entitled to a commission when the transaction closes✓ Correct
CThe legal cause of action in a contract dispute
DWho has authority to sign the deed
Explanation
Procuring cause refers to the unbroken chain of events initiated by an agent that ultimately leads to the consummation of the sale. It is used to resolve commission disputes between competing brokers.
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