When directors of the California Association of Realtors® (CAR) met in Sacramento recently, their association attorneys had an important message for them: Real estate firms and agents who, in addition to commission, impose additional charges such as an “administrative fee”, “transaction fee”, “regulatory compliance fee” etc. need to tread very carefully. They could easily become […]
Entries Tagged as 'Compliance Fees'
ADD-ON FEES MAY ENTAIL R.E.S.P.A. VIOLATION
June 8th, 2009 · 2 Comments
Tags: Fees · California Association of Realtors · Administrative Fees · Transaction Fees · Compliance Fees · RESPA · National Association of Realtors · Title and Escrow · Bob Hunt · CAR · NAR · Purchase Agreements