Utah License Law
An agent who receives a referral fee from a title company for sending business to them may:
AKeep the fee as long as they disclose it to the Division of Real Estate
BViolate RESPA's anti-kickback provisions if the title company is a settlement service provider✓ Correct
CReceive the fee if it is under $500
DAccept the fee as long as the client signs a waiver
Explanation
RESPA Section 8 prohibits kickbacks and referral fees for referrals of settlement service business in federally related mortgage transactions. Receiving referral fees from title companies violates RESPA regardless of amount or disclosure.
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