Virginia License Law
A Virginia licensee who receives a referral fee from a home warranty company for recommending their product must:
ADisclose the referral fee to their client✓ Correct
BReturn the fee to VREB
COnly disclose if the fee exceeds $100
DAccept no referral fees under any circumstances
Explanation
Virginia licensees who receive referral fees or compensation from third parties must disclose this to their clients. Undisclosed compensation violates the fiduciary duty of disclosure.
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