New York License Law
Under New York law, a real estate licensee is prohibited from receiving compensation from more than one party in a transaction unless:
AThe commission is shared equally
BAll parties are informed and consent to the dual compensation✓ Correct
CThe broker's commission is under $10,000
DThe transaction involves commercial property
Explanation
A New York licensee may receive compensation from more than one party in a transaction only if all parties are fully informed of the arrangement and consent to it in writing.
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