Legal Question in Real Estate Law in Florida
in florida can a seller pay the buyers closing cost and then require them to pay them back if the loan is unrecorded and not disclosed to the lender at all. or is this fraud
Asked on 5/07/10, 12:52 pm
2 Answers from Attorneys
Any financial assistance to the borrower should be disclosed to the lender.
Answered on 5/12/10, 1:40 pm
Gina Belsky
Belsky Caso PA
The lender must be made aware of any transaction between buyer and seller
Answered on 5/12/10, 2:20 pm