Delaware License Law
What is a 'referral fee' in Delaware real estate, and when may it be paid?
AA fee paid to any person who refers a client; no restrictions apply
BCompensation paid to a licensed real estate agent for referring a client to another licensed agent; cannot be paid to unlicensed persons✓ Correct
CA fee paid to the broker by the buyer for referral to their services
DA fee charged by the Commission for processing license transfers
Explanation
In Delaware, referral fees may only be paid to and received by licensed real estate agents. Paying a referral fee to an unlicensed individual violates the license law and may result in disciplinary action for the paying licensee.
Related Delaware Delaware License Law Questions
- Which of the following must be prominently displayed in every Delaware real estate office?
- What is the purpose of Delaware's 'Brokerage Relationship Disclosure' form?
- What is a 'designated agency' in Delaware real estate?
- When a Delaware real estate salesperson changes their employing broker, what must happen?
- When a licensee's license is suspended in Delaware, which statement is TRUE?
- A Delaware broker-in-charge must maintain the principal office and is responsible for:
- Which agency regulates real estate licenses in Delaware?
- What is a 'consent order' and how is it used in Delaware license discipline?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →