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Damien Bosco
Damien Bosco, Attorney
Category: Real Estate Law
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What is the penalty for a MLO to give referral fee to RE

Customer Question

What is the penalty for a MLO to give referral fee to RE agents in CA?
Submitted: 7 months ago.
Category: Real Estate Law
Expert:  Damien Bosco replied 7 months ago.

Hello. My name is***** am an attorney. I will review your question. I may need to clarify facts first. I will answer & we can discuss issues.

Expert:  Damien Bosco replied 7 months ago.

My initial research is showing that the amount could equal to three times the amount of the charge paid for the service. I will continue to research. If you a follow up question in the meantime, please let me know.

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