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Sandpoint Title Company Has Offered Lenox Homes a 15% Discount

Question 86

Multiple Choice

Sandpoint Title Company has offered Lenox Homes a 15% discount on closing costs if Lenox brings all of its homebuyers to Sandpoint for closing on their homes. The 15% discount:


A) Is a violation of RESPA.
B) Is a violation of RESPA unless the volume discount is passed along to the Lenox home buyers.
C) Is not a violation of RESPA as long as the discount is disclosed.
D) Is the YSP in the transactions.

Correct Answer:

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