Does the Real Estate Settlement Procedures Act of 1974, Which Was Targeted Primarily at Kickbacks between Service Providers, Also Bar Charges for Undivided, Unearned Services (10-1042)

Authors

Marshall E. Tracht, New York Law SchoolFollow

Document Type

Article

Publication Date

2012

Abstract

The Real Estate Settlement Procedures Act of 1974 provides that “[n]o person shall give and no person shall accept any portion, split, or percentage of any charge made or received … other than for services actually performed.” The Supreme Court must decide whether this language prohibits a party from charging for services not actually performed if the party retains the entire charge, without splitting it with any other party.

Recommended Citation

Preview of United States Supreme Court Cases, Vol. 39, Issue 5 (February 20, 2012), pp. 202-204