Under RESPA's Section 8 safe harbors, an affiliated business arrangement (AfBA) is permissible when:
Correct Answer
B) The person being referred is not required to use the affiliate's services
Under RESPA's AfBA safe harbor provisions, the arrangement is permissible when the person being referred is not required to use the affiliate's services, proper disclosure is made, and the only thing of value received is a return on ownership interest or franchise relationship.
Why This Is the Correct Answer
Under RESPA's AfBA safe harbor provisions, the arrangement is permissible when the person being referred is not required to use the affiliate's services, proper disclosure is made, and the only thing of value received is a return on ownership interest or franchise relationship.
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