BrokerageIndustry News

Montana lifts real estate rebate restrictions

DOJ investigation prompts rule amendment
Published on Apr 2, 2008

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by CareyBot

A U.S. Department of Justice investigation prompted the Montana Board of Realty Regulation to lift restrictions that prohibited real estate licensees in the state from soliciting business through the offer of "gifts, rebates or promotional items."

The Montana real estate rule was targeted by the DOJ's Antitrust Division, which has taken action against similar bans on real estate rebates in other states.