Agency
An Arizona licensee who earns a referral fee from a home warranty company in connection with a transaction must:
AKeep it confidential from the parties
BDisclose the referral fee to all parties in the transaction✓ Correct
CRemit it to their broker
DReport it to the ADRE
Explanation
An agent who receives any compensation, including referral fees from home warranty companies or other vendors, must disclose this to all parties in the transaction to avoid undisclosed conflicts of interest.
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