58-3076. Referral fees, solicitation of; relocation benefits, threats
to reduce or withhold; terminating or amending agency agreements.
- A licensee or anyone on behalf of any such licensee or firm,
whether licensed in this state or in another state shall not solicit
a referral fee without reasonable cause. Reasonable cause shall not
exist unless one of the following conditions exists:
- An actual introduction of business has been made;
- a contractual referral fee relationship exists; or
- a contractual cooperative brokerage relationship exists.
- A licensee or anyone on behalf of any such licensee or firm,
whether licensed in this state or in another shall not:
- Threaten to reduce or withhold employee relocation benefits
or take other action adverse to the interest of a client or customer
of a real estate licensee; or
- counsel a client or customer of another real estate licensee
on how to terminate or amend an existing agency agreement or sales
contract. Communicating corporate relocation policy or benefits to
a transferring employee shall not be considered a violation of this
paragraph, as long as the communication does not involve advice or
encouragement on how to terminate or amend an existing agency contract.
(History: L. 2000, ch. 102, § 5; July 1.)
