Utah Admin. Code R162-2f-401l - Gifts and Inducements
(1) An inducement
gift is permissible and is not an illegal sharing of commission if the
principal broker or affiliated licensee offering the inducement gift to a buyer
or a seller complies with the underwriting guidelines that apply to any loan in
the transaction for which the inducement has been offered.
(2) A closing gift is permissible and is not
an illegal sharing of commissions.
Notes
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