§ 59-858-359. Payment to broker not determinative of relationship.

A.  The payment or promise of payment or compensation by a party to a broker does not determine what relationship, if any, has been established between the broker and a party to a transaction.

B.  In the event a broker receives a fee or compensation from any party to the transaction based on a selling price or lease cost of a transaction, such receipt does not constitute a breach of duty or obligation to any party to the transaction.

C.  Nothing in this section requires a broker to charge, or prohibits a broker from charging, a separate fee or other compensation for each duty or other brokerage services provided during a transaction.

Added by Laws 1999, c. 194, § 9, eff. Nov. 1, 2000.  Amended by Laws 2012, c. 251, § 5, eff. Nov. 1, 2013.