Agency
An Oklahoma real estate agent who accepts an offer of lunch from a title company representative must:
ARefuse any gifts from service providers
BConsider RESPA Section 8 implications; nominal gifts of marketing value are generally permissible but anything of substantial value that influences referral decisions may constitute an illegal kickback✓ Correct
CReport the lunch to OREC
DPay the lunch cost to avoid any appearance of impropriety
Explanation
RESPA Section 8 prohibits kickbacks and fee splits for referrals of settlement service business. Nominal promotional items (pens, lunches of modest value) are generally permissible, but substantial gifts that are tied to referrals can violate RESPA. Agents should be aware of the line.
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