ยง 350-f-1. After-the-fact referral fees. 1. No person, firm,
partnership, corporation, association, or other entity shall demand or
receive a referral fee or compensation of any kind for (i) a referral
from any person or other entity relative to finding a seller of real
property after a bona fide real estate listing agreement has been
signed, (ii) a referral from any person or other entity relative to
finding a buyer for real property after a bona fide offer to purchase
real property is accepted, or (iii) a referral from any person or other
entity relative to finding real property after a bona fide buyer's
agency agreement has been signed, unless reasonable cause for payment of
such compensation exists.
2. Any violation of subdivision one of this section shall constitute a
deceptive act or practice within the meaning of section three hundred
forty-nine of this article.
Structure New York Laws
Article 22-A - Consumer Protection From Deceptive Acts and Practices
349 - Deceptive Acts and Practices Unlawful.
349-A - Observant Consumer Protection Law.
349-B - Residential Telephone Equipment Advertising, Sale and Warranty Requirements.
349-B-1 - Voice Over Internet Protocol 911 Disclosure.
349-C - Additional Civil Penalty for Consumer Frauds Against Elderly Persons.
349-D - Energy Services Company Consumers Bill of Rights.
349-E - Counterfeit and Non-Functional Airbags.
349-F - Pension Poaching Prevention.
350 - False Advertising Unlawful.
350-B - Disclosures Required in Advertisements Using the Title "Doctor".
350-B-1 - Disclosures Required in Advertisements Using a Senior Specific Designation.