Respuesta :

Section 8 of the Real Estate Settlement Procedures Act prohibits an escrow agent from compensating any individual for referring customers or accounts

Explanation:

Section 8 of Real Estate Settlement Procedures Act prohibits a escrow agent from compensating  any individual for referring customers or for any such services performed.The other terms used for this are kickbacks, fee-splitting and unearned fees.

As per HUD a person who violates the section 8 of Real Estate Settlement Procedures Act can face imprisonment of 1 year and a fine of $ 10000