In Illinois corporation is transferring its employees to Florida.the firm retained the floor broker to find homes for their employees.the Charlie representing the Illinois corporation notifies the Florida broker that in the state of Illinois, and attorney is recognized as a real estate broker.therefore, the attorney wants a referral fee.what should The Illinois attorney do?
A. Produce a certified statements to the Florida broker that the Illinois attorneys are recognized as brokers
B. Not expect a referral from the Florida broker
C. Notify FREC prior to expecting any referral fee
D. Expect to receive a referral fee because he is recognized as a broker in Illinois
Answer: D. Expect to receive a referral fee because he is recognized as a broker in Illinois
Business
You might also like to view...
It shall be lawful for real estate licensees in Georgia to complete listing or sales contracts whose form have been drafted by:
A. A real estate broker. B. Legal counsel. C. A salesperson. D. The real estate commission.
Business
The risk-return trade-off implies that the return on a riskless asset must be zero
Indicate whether the statement is true or false
Business