N.Y. Real Property Law § 442-l: After-the-fact referral fees

§ 442-l. After-the-fact referral fees. 1. No real estate broker or

salesperson, in any place in which this article is applicable, shall

demand or receive a referral fee or compensation of any kind for (i) a

referral from any person or other entity relative to finding a seller

after a bona fide listing agreement has been signed, (ii) a referral

from any person or other entity relative to finding a buyer after a bona

fide offer to purchase is accepted, or (iii) a referral from any person

or other entity relative to finding a property after a bona fide buyer's

agency agreement has been signed, unless reasonable cause for payment of

such compensation exists.

2. A violation of this section shall be a violation of this article

and shall constitute a deceptive act or practice within the meaning of

section three hundred forty-nine of the general business law.