Risk Management and Legal Benefits
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Helpful Articles & Tips To Improve Your Practice And Avoid Pitfalls
Courtesy of the California Real Estate Legal Alliance
Workers’ Compensation Requirements for Real Estate Brokers in California
July 2014 Newsletter - From the Shannon B. Jones Law Group
– Court requires Transfer Disclosure Statement on mixed used property where residents exist
- Court holds agent not liable for alleged nondisclosure in MLS
What the new CFPB Mortgage Disclosure Rule Means to You - by Gregg S. Weinberg
Risks Associated with the Sale of Investor Properties - From the Shannon B. Jones Law Group
Staying out of CFPB Jail (Part I) - by Dax Watson, Esq., Lipson Neilson Cole Selter & Garin PC
RESPA QUESTION
Question: Can a mortgage broker, licensed with the California Bureau of Real Estate, pay a referral fee to a real estate agent?
Answer: No. Payments for a referral by a mortgage broker to a real estate agent constitute a RESPA violation. The only referral payments permitted under RESPA are from one real estate agent to another in a sales transaction.
Shannon B. Jones, Partner, sbj@sbj-law.com
Visit our blog at http://sbjlaw.blog.com/
The Landy Agency Also Offers Excellent Business Owners Packages
and Workers Compensation Coverage
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