medium · National Real Estate Exam financing
During a transaction review led by Finley Bennett, the following issue arises: A settlement-service provider offers a licensee a fee for each buyer referred, with no actual compensable service performed.
Which conclusion is most accurate?
- Accept it when the parties call the payment a marketing bonus.
- Reject the unearned referral fee because RESPA prohibits it.
- Accept it if referrals are made only after a purchase contract is signed.
- Accept it if the amount is disclosed to the buyer.
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