Maryland License Law (alternative)
An out-of-state broker who wants to refer a Maryland buyer to a Maryland broker in exchange for a referral fee:
ACannot receive a referral fee under any circumstances
BMay receive a referral fee if the out-of-state broker is licensed in their state and the fee is paid broker-to-broker✓ Correct
CMust first obtain a Maryland license
DMust be approved by MREC
Explanation
Maryland allows referral fees paid broker-to-broker between a Maryland licensed broker and an out-of-state broker who is licensed in their home state. Fees cannot be paid to unlicensed persons.
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