Florida License Law
A Florida broker may pay a referral fee to a person who referred a buyer if that person is:
AAn unlicensed person who lives in Florida
BA licensed real estate broker in another state, where allowed by that state's law✓ Correct
CA mortgage broker who referred the client
DAny personal friend or family member
Explanation
Florida allows payment of referral fees to licensees in other states, provided the out-of-state person does not perform acts requiring a Florida license in Florida. Paying referral fees to unlicensed Florida residents for performing licensed activities is prohibited.
Related Florida Florida License Law Questions
- Under Florida law, a real estate licensee may NOT:
- Which of the following persons is NOT required to hold a Florida real estate license?
- A Florida real estate licensee who wishes to operate as an independent contractor must be registered as a:
- In Florida, a real estate license may be placed on 'voluntary inactive' status for a maximum of how long before it expires?
- A Florida broker's license must be renewed every:
- A Florida sales associate must work under the supervision of:
- A Florida licensee who wishes to use a trade name for their brokerage must:
- A Florida real estate license is automatically considered 'involuntary inactive' when:
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