Asap When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud.Which of the following would NOT be a correct step to deter mortgage fraud?O Select one answer.Ensure tite is free and dear and there are no liens on theproperty prior to making an unconditional offerVerity identification and know your clientsAdise a buyer to only provide a deposit to a lawyer or realestate brokerage, and ensure itis held rustProvide copies of the Agreement of Purchase and Sale tothe lender or the appraiser to ensure the correct version ofthe agreement is being used.

Mortgage fraud, which can take many different forms and involve a variety of parties, including…

When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud. ich of the following would NOT be a correct step to deter mortgage fraud? Select one answer. Ensure title is free and dear and there are no liens on the property prior to making an unconditional offer O Advise a buyer to only provide a deposit to a lawyer or real estate brokerage, and ensure it is held trust Verity identification and know your clients Provide copies of the Agreement of Purchase and Sale to the lender or the appraiser to ensure the correct version of the agreement is being used.

When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud. ich of the following would NOT be a correct step to deter mortgage fraud? Select one answer. Ensure title is free and dear and there are no liens on the property prior to making an unconditional offer O Advise a buyer to only provide a deposit to a lawyer or real estate brokerage, and ensure it is held trust Verity identification and know your clients Provide copies of the Agreement of Purchase and Sale to the lender or the appraiser to ensure the correct version of the agreement is being used.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter4: Professional Legal Liability

Section: Chapter Questions

Problem 12CYBK

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Asap When working with a client or customer, salespersons must be vigilant about mortgage fraud and help prevent potential fraud.Which of the following woud NOT be a corect step to deter mortgage fraud?0Select one answerO.a) Ensure client s free and dear and there are no liens on the property prior to making an unconditional offerO.b) Verity identification and know your clientsO.c) Advice a buyer to provide a depost to a lawyer or real estate brokerage. and ensure tis held trustO.d)Provide copies of the Agreement of Purchase and Sale to the lender or the appraiser to ensure the correct version of the agreement is being used
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