Connecticut License Law
An out-of-state real estate broker from New York wants to participate in a Connecticut transaction by referring their client to a Connecticut broker. Can the New York broker receive a referral fee?
ANo; referral fees to out-of-state licensees are prohibited
BYes, if the New York broker holds a valid New York real estate license and does not engage in any Connecticut brokerage activities requiring a Connecticut license✓ Correct
CYes, but only if the New York broker also holds a Connecticut license
DOnly if the referral fee is under $500
Explanation
Connecticut allows referral fees to be paid to out-of-state licensees who hold a valid real estate license in their home state, as long as they do not engage in activities in Connecticut that would require a Connecticut license (such as showing properties or negotiating in Connecticut).
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