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While fee splitting between cooperating real estate brokers is permitted, RESPA explicitly prohibits such actions as rebating part of the title insurance premium to the lender who recommended or required
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While fee splitting between cooperating real estate brokers is permitted, RESPA explicitly prohibits such actions as rebating part of the title insurance premium to the lender who recommended or required the title insurance. These unearned fees are commonly referred to as:A. commissionsB.kickbacksC. damagesD. specific performance dues

User Mawaldne
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Answer:

B. kickback

Step-by-step explanation:

Based on the information provided within the question it can be said that these unearned fees are commonly referred to as a kickback. Like mentioned in the question this term refers to an unearned fee between two individuals that are cooperating in real estate and are prohibited by Federal Law in the RESPA.

User Coincoin
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