HB 0266 (Truly Agreed) | Limits to whom real estate brokers and agents may pay commissions or other consideration |
HB 266 - This act prohibits real estate brokers and agents
from paying a commission or other valuable consideration unless
reasonable cause for payment or contract exists. Persons are
prohibited from soliciting or requesting compensation without
good cause, interfering with a written relationship of another
licensee. Violations will be grounds for disciplinary
proceedings. Nothing in the chapter will prevent consumers from
joining organizations which can negotiate reduced real estate
costs or which would limit the ability of an employer to restrict
employers and employees who are complying with the terms of a
relocation package.
CINDY KADLEC