When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud. ich of the following would NOT be a correct step to deter mortgage fraud? Select one answer. Ensure title is free and dear and there are no liens on the property prior to making an unconditional offer O Advise a buyer to only provide a deposit to a lawyer or real estate brokerage, and ensure it is held trust Verity identification and know your clients 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. ich of the following would NOT be a correct step to deter mortgage fraud? Select one answer. Ensure title is free and dear and there are no liens on the property prior to making an unconditional offer O Advise a buyer to only provide a deposit to a lawyer or real estate brokerage, and ensure it is held trust Verity identification and know your clients 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.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud.
Which of the following would NOT be a correct step to deter mortgage fraud?
O Select one answer.
Ensure tite is free and dear and there are no liens on the
property prior to making an unconditional offer
Verity identification and know your clients
Adise a buyer to only provide a deposit to a lawyer or real
estate brokerage, and ensure itis held rust
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.
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