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58-3076
Chapter 58.--PERSONAL AND REAL PROPERTY
PART 6.--MISCELLANEOUS PROVISIONS
Article 30.--REAL ESTATE BROKERS AND SALESPERSONS

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58-3076. Referral fees, solicitation of; relocation benefits, threats to reduce or withhold; terminating or amending agency agreements.

  1. 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:
    1. An actual introduction of business has been made;
    2. a contractual referral fee relationship exists; or
    3. a contractual cooperative brokerage relationship exists.
  2. A licensee or anyone on behalf of any such licensee or firm, whether licensed in this state or in another shall not:
    1. 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
    2. 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.)


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