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Politically Tied Lawyers Win Jobs Handling Foreclosures in City - Leigh Attridge/MA
6/21/2011 7:25:21 AM (3218 views)

Florida Bar files complaint agains Stern - CHARLENE  PERRY/MD
6/20/2011 2:22:45 PM (3245 views)

[+] FOX & SPADER a/k/a FS ENTERPRISES a/k/a RISK MANAGEMENT SOLUTIONS - Paul /FL (2 replies)
6/20/2011 1:22:14 PM (3900 views)

Foreclosure Backlog Up to 62 Years on 213K Houses in NY - Leigh Attridge/MA
6/19/2011 8:58:19 AM (3494 views)

New SOT Feature-- Uploading Documents and Images - Slade Smith/OH
6/19/2011 2:54:01 AM (2414 views)




[+] anybody hear from New Millenium title? - Susan Raynard/MA (6 replies)
6/18/2011 9:29:04 AM (3986 views)

[+] Comment on "LPS Hires Former Deputy Attorney General of Florida as VP ov Govt. Affairs" - Source of Title/OH (1 reply)
6/17/2011 9:34:15 PM (3002 views)

[+] ESS Solutions - Cherie /CA (3 replies)
6/17/2011 11:48:59 AM (3506 views)

[-] I am considering a "Work Share Agreement" - CHARLENE  PERRY/MD (9 replies)
6/16/2011 1:47:07 PM (5126 views)
Re: I am considering a "Work Share Agreement" - Carrin/TX
6/16/2011 9:33:51 PM (3853 views)
Re: I am considering a "Work Share Agreement" - CHARLENE  PERRY/MD
6/17/2011 3:33:42 PM (3715 views)
Re: I am considering a "Work Share Agreement" - Patrick Scott/IL
6/17/2011 3:58:27 PM (3912 views)

I have looked into a similar arrangement, by which a  set referral fee would be charged for referring the order to the agent in the state where the property lies.  I went as far as to read the terms and conditions on the website (I think it was run out of Michigan) and their disclaimer, and quickly decided to decline.  Besides that, there seemed to be only a very few member agents at the time.

I'm no lawyer, but it seems to me that, by taking a referral fee and not performing any core title services, you might be running afoul of RESPA, Sec. 8(a)(b).  I guess it depends on how your state, and the state where the transaction occurs, interpret the RESPA Sec. 8.

It seems pretty clearly a precarious arrangement to me, just based on what I've read over the years.  If there is a convincing argument to the contrary, I'm interested to hear it.

 

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Re: I am considering a "Work Share Agreement" - Janet Angi/MI
6/22/2011 10:51:12 AM (3529 views)
Re: I am considering a "Work Share Agreement" - CHARLENE  PERRY/MD
6/29/2011 8:47:13 PM (3379 views)
Re: I am considering a "Work Share Agreement" - Jack Straw/KS
7/5/2011 1:41:29 PM (4085 views)
Re: I am considering a "Work Share Agreement" - CHARLENE  PERRY/MD
7/20/2011 1:38:20 PM (3234 views)
Re: I am considering a "Work Share Agreement" - Michelle Morris/NC
7/20/2011 1:04:22 PM (4623 views)
Re: I am considering a "Work Share Agreement" - Michelle Morris
7/20/2011 12:36:40 PM (5616 views)

[+] E&OInsurance - WAYNE QUICK/NC (2 replies)
6/16/2011 9:26:14 AM (3127 views)

Holding On has Benefits & Then Some - Leigh Attridge/MA
6/13/2011 5:03:48 PM (3441 views)

NW Title Agency - Cindy Orloff - Jason Knowles/AL
6/13/2011 3:01:52 PM (3022 views)

[+] ACME Abstract - Florida - Jason Knowles/AL (4 replies)
6/10/2011 4:43:21 PM (3217 views)

[+] Altisource - Cherie Smurthwaite/CA (9 replies)
6/9/2011 6:08:58 PM (4161 views)

[+] Analyst Says Palin Might Have a Deed Problem - Leigh Attridge/MA (2 replies)
6/9/2011 3:02:16 PM (3477 views)


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