§ 350-f-1. After-the-fact referral fees. 1. No person, firm,\npartnership, corporation, association, or other entity shall demand or\nreceive a referral fee or compensation of any kind for (i) a referral\nfrom any person or other entity relative to finding a seller of real\nproperty after a bona fide real estate listing agreement has been\nsigned, (ii) a referral from any person or other entity relative to\nfinding a buyer for real property after a bona fide offer to purchase\nreal property is accepted, or (iii) a referral from any person or other\nentity relative to finding real property after a bona fide buyer's\nagency agreement has been signed, unless reasonable cause for payment of\nsuch compensation exists.\n 2. Any violation of subdivision one of this section shall constitute a\ndeceptive act or practice within the meaning of section three hundred\nforty-nine of this article.\n
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