RESPA prohibits accepting kickbacks for business referrals.
Correct Answer:
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Q17: The escrow agent bears the responsibility for
Q18: An escrow agent cannot be held liable
Q19: An escrow agent's authority is limited to
Q20: Escrow instructions are a contract between buyer,
Q21: RESPA does not apply to residential refinancings.
Q23: Penalties for receiving kickbacks under RESPA is
Q24: Both the buyer and the seller must
Q25: The buyer is not entitled to a
Q26: The Patriot Act applies to escrow agents
Q27: Once an escrow is opened, it cannot
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