N.Y. GBS Law § 350-F-1
This is the official text of N.Y. GBS Law § 350-F-1, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
After-the-fact referral fees
Official statutory text
§ 350-f-1. After-the-fact referral fees. 1. No person, firm,\npartnership, corporation, association, or other entity shall demand or\nreceive a referral fee or compensation of any kind for (i) a referral\nfrom any person or other entity relative to finding a seller of real\nproperty after a bona fide real estate listing agreement has been\nsigned, (ii) a referral from any person or other entity relative to\nfinding a buyer for real property after a bona fide offer to purchase\nreal property is accepted, or (iii) a referral from any person or other\nentity relative to finding real property after a bona fide buyer's\nagency agreement has been signed, unless reasonable cause for payment of\nsuch compensation exists.\n 2. Any violation of subdivision one of this section shall constitute a\ndeceptive act or practice within the meaning of section three hundred\nforty-nine of this article.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.