The contract where a principal appoints a real estate agent is called:
A) contract of sale
B) deposit receipt
C) listing agreement
D) disclosure statement

Question

Quizplus · Accepted Answer

The contract where a principal appoints a real estate agent is called a listing agreement. A contract of sale is an agreement between a buyer and a seller for the purchase of real estate, while a deposit receipt is a receipt for the deposit made by the buyer as a down payment on a property. A disclosure statement is a document that provides information about the condition of a property being sold.

The Contract Where a Principal Appoints a Real Estate Agent