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Louisiana title agents, Realtors seek clarity on ‘things of value’ under state law
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Regulatory Updates
Wednesday, March 21, 2012
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The question of what constitutes a thing of value, either under RESPA or state law, is something that has caused many in the title industry to question their marketing strategies and seek guidance from the agencies that regulate them. Title industry members in Louisiana are currently looking for guidance from the state’s department of insurance and legislature to determine whether certain practices are a violation of state law.
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