Legal Question in Real Estate Law in Colorado

RESPA laws

under respa law can a mortgage company and real estate company share the same office? with the same sharing entry or have to have seperate entries?


Asked on 3/07/08, 12:26 pm

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

Re: RESPA laws

The issue under RESPA is primarily one of kickbacks for referral. So the mere sharing of a fair market-based rental may be fine, but any arrangement that is not based on fair market pricing with the actual use and need for the the property would likely constitute a kickback.

You should contact an attorney on RESPA issues because these are complex laws and the liability is considerable for any violations.

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Answered on 3/07/08, 1:41 pm


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