Montana License Law
A Montana real estate salesperson who receives a referral from a licensee in another state and pays a referral fee must ensure that:
AThe out-of-state licensee is licensed in Montana
BThe referral fee is paid only to the out-of-state broker (not directly to an unlicensed person), and the arrangement complies with both states' laws✓ Correct
CThe referral fee is reported to the IRS only
DNo referral fee may be paid since it violates Montana law
Explanation
Referral fees from Montana licensees to out-of-state licensees are generally permissible if paid to the broker (not directly to an unlicensed person) and both states' laws permit the arrangement. Montana cannot require the out-of-state broker to be Montana-licensed to receive a referral fee.
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