New York License Law
In New York, a 'referral agent' license allows the holder to:
APractice all aspects of real estate
BOnly refer clients to another licensed broker and receive a referral fee, without performing other licensed activities✓ Correct
CManage property for others
DWork as an independent broker
Explanation
New York does not currently have a formal 'referral agent' license category. However, licensees who are inactive may only receive referral fees for referring business to active brokers without performing other licensed activities.
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