Nebraska License Law
A Nebraska real estate licensee received a $500 referral fee from a title company for referring clients. This is:
APermitted if disclosed to all parties
BA violation of RESPA✓ Correct
CPermitted up to $1,000 per referral
DOnly prohibited for buyer referrals
Explanation
RESPA (Real Estate Settlement Procedures Act) prohibits kickbacks and referral fees from settlement service providers (including title companies) to real estate agents. Such payments are illegal regardless of disclosure.
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License Law
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