RESPA – Holiday Refresher
The Legal Department gives a refresher on RESPA just in time for the holiday season.
Podcast - December 18, 2024
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Check out Caveat REALTOR®, a podcast from the Virginia REALTORS® legal team. You’ll be able to listen on the go with this entertaining (and informative) format of legal updates. Now available through iTunes, Spotify, Stitcher, and GooglePlay. Don’t forget to subscribe and rate!
Here are our latest episodes:
The Legal Department gives a refresher on RESPA just in time for the holiday season.
Podcast - December 18, 2024
In this legal video, Santiago breaks down a real life case study to explain the duty of ordinary care that agents have. Have legal questions? Get answers with…
Video - December 5, 2024
Laura and Ryan talk about what you can – and can’t – do for client appreciation as we wrap up the year and many people are in a…
Podcast - November 29, 2022
Laura and Cate discuss the Real Estate Settlement Procedures Act (RESPA) basics.
Podcast - June 7, 2022
Jessica and Jon discuss electronic notaries in Virginia.
Podcast - March 2, 2021
The Legal Team discusses what happens when the buyer moves in before settlement.
Podcast - November 3, 2020
Beware of these most common Real Estate Board violations by licensees. You’ll notice one common theme: escrow funds. Violations involving escrow funds continue to be some of the most frequently violated regulations for real estate licensees. Brokers, make sure you have policies in your office policy manual and provide education to prevent you and your licensees from engaging in any of these common offenses.
Article - April 2020
The Legal Team discusses what happens when the seller maintains possession of the property for a time after settlement.
Podcast - March 31, 2020
This week, the Virginia REALTORS® legal team completes a two-part series on RESPA by discussing kickbacks and referrals. Jon and Erin talk about the six forms of permissible compensation under RESPA, and how the Prospect Mortgage case has changed the regulatory landscape. They also answer some legal hotline questions, such as “Can I offer to contribute money to a charity of the person’s choosing if they refer me clients?”. Finally, they tell you how to best limit your risk when it comes to RESPA.
Podcast - May 1, 2018
This week, the Virginia REALTORS® legal team discusses affiliated businesses and how they work in the context of RESPA. Laura and Jon examine how Congress carved out an exception to RESPA for these business arrangements, provided that they meet a three-part test. They also answer Legal Hotline questions, including the disclosures a broker must make when she owns a percentage of a title insurance agency.
Podcast - April 24, 2018