Agency
If a NH buyer's broker receives a referral fee from a mortgage lender for steering the buyer to that lender without disclosing it, this violates:
AOnly state agency law
BRESPA's prohibition on unearned fees and kickbacks, and NH agency disclosure rules✓ Correct
COnly the NH Consumer Protection Act
DNo law if the amount is under $500
Explanation
RESPA prohibits kickbacks and undisclosed referral fees in federally related mortgage transactions. Additionally, the agent's failure to disclose the referral fee to the buyer breaches their fiduciary duty of disclosure.
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