RESPA for Real Estate Professionals
Louisiana REALTORS® • August 10, 2022
Window to the Law: Overview of RESPA for Real Estate Professionals
RESPA violations bring stiff penalties and the possibility of imprisonment, so it’s critical for real estate professionals to understand how RESPA’s anti-kickback rules impact transactions, as well as the interactions between settlement service providers.
To see a video on understanding the basics of RESPA's prohibitions on referral fees, fee-splitting and kickbacks, please see the link below.
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By: Eric Landry, Breazeale Sachse & Wilson, L.L.P. Louisiana REALTORS® Legal Counsel Below are highlights of the changes to mandatory forms effective January 1, 2026. Louisiana Residential Agreement to Buy or Sell: Specific Changes Overall, several changes were made to re-order the agreement in an effort to have the agreement more closely track the sequence of events in a typical transaction. This resulted in relocation of several sections and corresponding changes to line number references in various places throughout the agreement.
