Indiana License Law
An Indiana broker who refers their seller client to a specific closing attorney in exchange for the attorney referring clients back to the broker must:
ASimply document the referral arrangement
BDisclose the referral arrangement to their client and comply with RESPA anti-kickback provisions✓ Correct
CObtain IREC approval for the arrangement
DEnsure the attorney has a real estate license
Explanation
Referral arrangements between settlement service providers must be disclosed under RESPA's affiliated business arrangement (AfBA) disclosure requirements, and any compensation must be for services actually rendered.
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