A Washington broker receives an undisclosed $800 rebate in 2026 on an expenditure made for the borrower. May the broker retain this undisclosed remuneration arising from the borrower’s expenditure?
Correct Answer
A) Prohibited: no undisclosed remuneration inuring to the broker benefit
A broker may not accept, provide or charge any undisclosed compensation or realize any undisclosed remuneration inuring to the broker benefit on an expenditure made for the borrower. Other choices: the borrower not paying more is the usual defense and the statute does not accept it; applying the $800 later does not make it disclosed; and no percentage threshold appears. Source: RCW 19.146.095(1)(a)
Why This Is the Correct Answer
A broker may not accept, provide or charge any undisclosed compensation or realize any undisclosed remuneration inuring to the broker benefit on an expenditure made for the borrower. Other choices: the borrower not paying more is the usual defense and the statute does not accept it; applying the $800 later does not make it disclosed; and no percentage threshold appears. Source: RCW 19.146.095(1)(a)
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