Practice Real Estate
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Real Estate Tests
Property Conditions and Disclosures
Question
1
of
19
|
Restart Test
Which of these is not a requirement under
RESPA
?
Lenders must disclose business relationship with any partner they recommend to buyer
Licensee commission structure and negotiated rate must be disclosed
Kickbacks are prohibited by lenders to affiliated partners
Lender must notify buyer after settlement if their loan is sold to another mortgage company
Submit