(a) No person shall knowingly interfere with a licensee relationship between a licensee and a person or entity.
(b) No licensee shall be liable for a referral fee when reasonable cause for payment does not exist.
(c) (1) Any person or entity aggrieved by a violation of this subchapter may bring a civil action in any court of competent jurisdiction.
(2) The damages recoverable in an action under subdivision (c)(1) of this section shall be:
(A) The actual damages; and
(B) Reasonable attorney's fees and expenses.
(d) Nothing in this subchapter is intended to:
(1) Create a presumption that if reasonable cause for payment of a referral fee exists, a legal right to the referral fee exists; or
(2) Authorize the payment of a referral fee that is otherwise prohibited by law or regulation of the Arkansas Real Estate Commission.
Section: 17-42-702Last modified: November 15, 2016