The seller has required the buyer to use their title insurance company. The seller has been told that if the buyer uses the title company, he will pay part of his real estate commissions, increasing his net proceeds from the sale. Is this a legally permissible arrangement?

A. This is illegal under RESPA

B. This is illegal according to Regulation Z

C. This is allowed if the buyer was receiving a VA loan

D. This is allowed if no charges are paid directly to the seller

Answer rating: 100% (QA)

The correct answer is A This is illegal under RESPA Real Estate Settlement Procedures Act RESPA is a ... View the full answer