Virginia License Law
A Virginia broker may charge a seller a 'marketing fee' separate from commission only if:
AThe fee exceeds the commission amount
BIt is disclosed to and agreed upon by the client in writing✓ Correct
CIt is filed with VREB
DIt is for advertising purposes only
Explanation
Separate marketing or transaction fees are permissible in Virginia if clearly disclosed to and agreed to by the client in writing. Undisclosed fees violate VREB regulations.
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