RESPA provides that, "No person shall give and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person." 6 Most loans are "federally related" because that includes not only loans made by federally insured lenders (almost all banks are insured by the FDIC), but also loans intended to be sold to a federal institution such as Freddie Mac or Fannie Mae.This prohibition applies to both licensees and laypersons.

We've had incidents here.

"Our investigation regarding the incident that occured indicates that you are the responsible party and we are seeking restitution for the payments we have made to repair our insured's property"Here are they looking at recovering only $950?

We do not install garbage disposals - the City discourages them {they may even be banned now} ... they are also a bad idea in student housing as they do not mix well with youth and curiosity.We have not noticed any greater rate of incidents with the under-mounts.Personally, I prefer the the over-mount sink and that's what I've put in my own house.

I called my tenet to wrap up this incident and told her that this was unexceptable and the next time this occurs it will be an automatic eviction. 

Several asked if anyone else had lived there since the incident, as though that might somehow make it OK. 

It seems you have moved on to another interested client and the original investor clients don't seem too damaged by incident.

Other than this incident they seem like great tenants. 

Penalties are $2,000 per incident plus the forfeiture of all profits on the deal.You become the owner when, and only when your name is on the title - as Jay stated, no matter what the guru courses tell you.For the record, I have personally contacted the State Real Estate Commission and verified this.The best course of action is to close on it and then do as you wish with your own property.

I am hoping I can find a way of getting him to leave without incident and just move on.