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 213 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
Wow, this really help

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

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
Gonorrhea Rates in the United States Gonorrhea Rates in the United States
Many adults in the United States have met “heart healthy” goals for nine targeted lifestyle ... Many adults in the United States have met “heart healthy” goals for nine targeted lifestyle ...
GDP per Capita in the United States, 1870–2009 (Ratio Scale) GDP per Capita in the United States, 1870–2009 (Ratio Scale)
Who is the “real” Beyoncé—doting mother or Sasha Fierce? Who is the “real” Beyoncé—doting mother or Sasha Fierce?
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library