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Promotional Donations

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Would providing door prizes for a realtor awards dinner where the bank's name appears on the event flyer as a door prize sponsor violate RESPA Section 8? or would the business promotion exception apply? Not sure how to document promotional donations.

Unless there is some clear tie to expectations of the referral of settlement service business, I don't believe this would be a RESPA Section 8 violation.

First published on 2/21/11

First published on 02/21/2011

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