Idaho License Law
How does Idaho address 'kickbacks' or undisclosed referral fees in real estate transactions?
AThey are acceptable as long as the amount is under $1,000
BThey are prohibited — all compensation received in connection with a transaction must be disclosed✓ Correct
COnly kickbacks to lenders are prohibited
DKickbacks are only a federal concern, not an Idaho license law issue
Explanation
Idaho license law and RESPA both prohibit undisclosed kickbacks and unearned referral fees. All compensation received in connection with a real estate transaction must be disclosed to the parties.
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