When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud. Which of the following woud NOT be a corect step to deter mortgage fraud? 0Select one answer O.a) Ensure client s free and dear and there are no liens on the property prior to making an unconditional offer O.b) Verity identification and know your clients O.c) Advice a buyer to provide a depost to a lawyer or real estate brokerage. and ensure tis held trust O.d)Provide copies of the Agreement of Purchase and Sale to the lender or the appraiser to ensure the correct version of the agreement is being used
When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud. Which of the following woud NOT be a corect step to deter mortgage fraud? 0Select one answer O.a) Ensure client s free and dear and there are no liens on the property prior to making an unconditional offer O.b) Verity identification and know your clients O.c) Advice a buyer to provide a depost to a lawyer or real estate brokerage. and ensure tis held trust O.d)Provide copies of the Agreement of Purchase and Sale to the lender or the appraiser to ensure the correct version of the agreement is being used
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Asap
When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud.
Which of the following woud NOT be a corect step to deter mortgage fraud?
0Select one answer
O.a) Ensure client s free and dear and there are no liens on the property prior to making an unconditional offer
O.b) Verity identification and know your clients
O.c) Advice a buyer to provide a depost to a lawyer or real estate brokerage. and ensure tis held trust
O.d)Provide copies of the Agreement of Purchase and Sale to the lender or the appraiser to ensure the correct version of the agreement is being used
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education