Does RESPA includes property management company?
Can a property management company (providing services to rental properties) give gift of any kind of incentives to a Real Estate broker if the former has referred a lead? There are no loan/mortgage involved.
Thanks in advance ….
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The laws vary from state to state and the National Realtors Association (NAR) has a very strong code of ethics for agents/brokers. You might want to consult the NAR chapter (https://www.nar.realtor) or the Real Estate Commission for your state. Another route would be a legal attorney to find out what kind of gift might be appropriate and any liabilities for your company.
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