Brokers, agents can't take referral fees for home warranties Premium Content

HUD issues rule in response to NAR request

Inman News®

Federal regulators will publish an interpretive rule Friday formalizing their position that real estate brokers and agents are prohibited under existing law from receiving fees for referring business to home warranty companies.

The new rule follows a request by the National Association of Realtors for clarification on an unofficial staff interpretation issued by the Department of Housing and Urban Development in February, 2008.

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