Vermont License Law
Under Vermont law, a real estate licensee who receives a referral fee from a home inspector must:
ADeposit it into the escrow account
BDisclose the referral arrangement to their client✓ Correct
CTurn it over to their qualifying broker
DPay Vermont Property Transfer Tax on it
Explanation
Vermont licensees must disclose any referral fees, kickbacks, or compensation received from third-party service providers (such as inspectors, lenders, or title companies) to their clients. Undisclosed referral fees violate RESPA and Vermont license law.
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