B-163253: Feb 27, 1968

EMPLOYEE WHO HAD TO PAY A $10.00 MULTIPLE LISTING FEE TO THE BROKER WHO HAD EXCLUSIVE AGREEMENT TO SELL HOME AT OLD OFFICIAL STATION MAY HAVE FEE REGARDED AS A PART OF THE TRANSACTION GIVING THE REALTOR AN EXCLUSIVE TO SELL RATHER THAN AS A FEE ARISING FROM AN EARLIER INDEPENDENT EFFORT BY THE SELLER TO DISPOSE OF THE PROPERTY AND THEREFORE SUCH FEE IS REIMBURSABLE UNDER SEC. 4.2B OF BOB CIRCULAR...

B-163253: May 24, 1968

BARRETT: THIS IS IN REPLY TO YOUR LETTER OF APRIL 3. IN THIS REGARD IT IS NOTED THAT ORDINARILY THERE IS NO DISBURSAL PRIOR TO SETTLEMENT. THERE IS NO SHOWING THAT THE STATEMENT OF SETTLEMENT IS IN ERROR OR THAT THE PAYMENTS WERE NOT EFFECTED IN ACCORDANCE WITH THAT DOCUMENT. ALTHOUGH THE PARTIES MAY HAVE INTENDED THAT THE BROKER ACTUALLY RECEIVE $1. MORTGAGE POINTS ARE NOT REIMBURSABLE EXPENSES...