The buyer is not entitled to a copy of the settlement statement.
Correct Answer:
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Q20: Escrow instructions are a contract between buyer,
Q21: RESPA does not apply to residential refinancings.
Q22: RESPA prohibits accepting kickbacks for business referrals.
Q23: Penalties for receiving kickbacks under RESPA is
Q24: Both the buyer and the seller must
Q26: The Patriot Act applies to escrow agents
Q27: Once an escrow is opened, it cannot
Q28: POC is an acronym for "paid on
Q29: Yield spread premiums are illegal under RESPA.
Q30: The Government Mortgage Package is opposed by
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