Rhode Island License Law
Under RIGL Chapter 5-20.5, a Rhode Island licensee who receives a referral fee from a home inspector for sending clients their way must:
ADisclose the referral fee to the client✓ Correct
BKeep it confidential to avoid conflict of interest claims
CDonate the fee to charity
DPay it to the broker first
Explanation
A licensee who receives a referral fee or compensation from a vendor (inspector, lender, etc.) must disclose this to their client. Undisclosed referral fees can violate RESPA and Rhode Island license law if they create undisclosed conflicts of interest.
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