Vermont License Law
Vermont's rules regarding referral fees require that:
AReferral fees may be paid to anyone who sends a client
BReferral fees to non-licensees are prohibited; referrals between licensees must comply with fee-sharing rules✓ Correct
CReferral fees are set at a maximum of $500
DAll referral fees must be disclosed to VREC
Explanation
Vermont prohibits paying referral fees or compensation to unlicensed persons for referring real estate clients. Referral arrangements between licensed brokerages must comply with Vermont's compensation-sharing requirements.
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