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A broker tells a friend, who does not have a real estate license, that if the friend will help the broker obtain listings, the broker

A broker tells a friend, who does not have a real estate license, that if the friend will help the broker obtain listings, the broker will pay the friend a commission. This practice is:

  • legal if the broker provides full written disclosure to all parties
  • illegal if there is no written consent from the client
  • legal as long as it is considered a finder's fee and not a commission
  • illegal because no commission may be paid to an unlicensed person

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