Finance
In South Carolina, RESPA (Real Estate Settlement Procedures Act) prohibits:
ARequiring flood insurance on coastal properties
BKickbacks and unearned fees between settlement service providers✓ Correct
COffering buyer's agent rebates
DCharging origination fees on FHA loans
Explanation
RESPA prohibits kickbacks and referral fees between settlement service providers (lenders, title companies, real estate agents, etc.) unless actual services were provided.
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