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4 Cards in this Set
- Front
- Back
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What is Section 8 of RESPA? |
It prohibits the payment of referral fees in the form of things of value (splitting fees, kickbacks) unless services are being performed |
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Payment to an attorney for services rendered is permissible of payment fees. True or False? |
TRUE |
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Payment to an employer to an employee for any referral activities is permissible of payment fees. True or False? |
TRUE |
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For violations under Section 8 of RESPA, what penalties apply? |
Fines up to $10,000 Up to 1 yr in prison |
