Contracts
The Texas Residential Buyer/Tenant Representation Agreement (TREC/TAR form) is typically a(n):
ANon-exclusive, open buyer agency agreement
BExclusive right to represent agreement requiring the buyer to pay a commission
CExclusive representation agreement that may specify how the agent's compensation is paid✓ Correct
DOptional disclosure form rather than a binding contract
Explanation
Most Texas buyer representation agreements are exclusive right to represent agreements. They specify the agent's compensation arrangement (which may be paid by seller, buyer, or a combination) and the terms of the exclusive representation.
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