This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Ralph Watkins is a real estate attorney who owns 10 of United Escrow. Ralph refers all of his real ... (Read 106 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
on: Jun 24, 2018
Ralph Watkins is a real estate attorney who owns 10 of United Escrow. Ralph refers all of his real estate clients to United for their closings. Which of the following statements is correct?
 A)Ralph has violated RESPA because there is a kickback.
 B)Ralph is not subject to RESPA because he is an attorney, not a real estate broker.
 C)Ralph can make the referral, but must disclose his ownership interest in United.
 D)None of the above

Question 2

Adam Riverton owns property in Texas. He has set up eight water tanks around his 40-acre ranch in order to capture rainwater for use in watering his horses and other animals. Which of the following statements is correct?
 A) Under Texas law, he is not permitted to capture rainwater.
 B) Under Texas law, he can capture rainwater if he has a permit.
 C) Under Texas law, he can capture the rainwater, but loses title if it escapes into the ground.
 D) None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


swpotter12

  • Member
  • Posts: 527
Reply 2 on: Jun 24, 2018
Excellent

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Bilingualism in the United States Bilingualism in the United States
The United States and Its Territories, 1787–1802 The United States and Its Territories, 1787–1802
This fisherwoman from Kerry, one of the poorest counties in Ireland, may have been one of the many t This fisherwoman from Kerry, one of the poorest counties in Ireland, may have been one of the many t
Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates. Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates.
Prevalence of Diabetes in the United States Based on Age and Sex Data from the American Diabetes ... Prevalence of Diabetes in the United States Based on Age and Sex Data from the American Diabetes ...
Prevalence and Sex Distribution of Top 10 Autoimmune Diseases Diagnosed in the United States Prevalence and Sex Distribution of Top 10 Autoimmune Diseases Diagnosed in the United States
Video: Supine Position

For a complete list of videos, visit our video library