Finance
A NJ seller agreeing to pay mortgage points on behalf of the buyer is offering a form of:
ACommission reduction
BSeller concession that effectively reduces the buyer's borrowing cost✓ Correct
CIllegal kickback under RESPA
DProperty tax credit
Explanation
Seller-paid mortgage points are a common seller concession in NJ that reduces the buyer's interest rate. RESPA permits seller contributions to buyer closing costs within guidelines; they are not kickbacks.
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