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 159 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
Great answer, keep it coming :)

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

A feral horse herd in the western United States A feral horse herd in the western United States
Many thought ideological politics was over in the United States, but 2012 showed strong ideological Many thought ideological politics was over in the United States, but 2012 showed strong ideological
The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row
The percentage of women over 40 in the United States who are childless has almost doubled in the ... The percentage of women over 40 in the United States who are childless has almost doubled in the ...
One of the cultural privileges of being white in the United States is less suspicion of wrongdoing. One of the cultural privileges of being white in the United States is less suspicion of wrongdoing.
STDs in the United Stated STDs in the United Stated
Video: Medullary osmotic gradient: countercurrent multiplier, urea recycling & vasa recta countercurrent exchange

For a complete list of videos, visit our video library