3. In North Carolina, may a broker who is working with a buyer as a buyers agent lawfully share with the unlicensed buyer a part of the commission the broker earns on the buyers transaction

A) No, because an unlicensed person may not lawfully receive any compensation derived from a real estate brokerage transaction

B) No, because the payment to the unlicensed buyer would violate the Real Estate Settlement Procedures Act (RESPA)

C) Yes, subject to lender approval and disclosure on the settlement statement because the buyer is a party to the transaction

D) Yes, because commissions earned by a licensed broker working as a buyers agent