Kamis, 16 Februari 2012

title company wants to pay Realtors commissions for business

I am a Realtor and I have a minority ownership in a title company. The title company wants to formalize a plan to pay me a 'commission' on any deals that I send to them. I would disclose to my clients that I am a part owner of the title company. Is this legal or is this a RESPA violation? The title company is planning to go to dozens of Realtors and offer them a partial ownership deal whereby

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