Final answer:
A broker may legally accept a referral fee from another broker or a licensed salesperson, but disclosure is required. State regulations and real estate association policies may also apply.
Step-by-step explanation:
A broker may legally accept a referral fee from another broker or a licensed salesperson. It is important to note that referral fees must be disclosed to all parties involved in the transaction. Additionally, the acceptance of referral fees may be subject to specific state regulations and the policies of the broker's real estate association.