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<p class="MsoNormal">I was watching a CLE today and the presenter commented that the checks written on a file must
<u>exactly</u> match what is stated on the Settlement Statement (I am not talking about the CDF here to be clear). I bring this up because there is at least one real estate franchise in Washington that requests 4 separate checks from us at closing, breaking
down their commission into broker, agent, b&o etc. and several that want a check to the agent separate from the balance to the broker. Now we hate doing that anyway and I am only too glad not to have to do this. However, I am trying to find where in the
applicable law it says this so I can provide it when we are challenged. I want to be able to say more than “Well, this CLE I watched….” So wondering if anyone is aware of the specific ‘authority’ for this because they have run into it as well.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Sincerely,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Richard L. Holland<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><img width="175" height="78" style="width:1.8229in;height:.8125in" id="Picture_x0020_3" src="cid:image001.jpg@01D2337A.72394BF0" alt="logo-for-print.jpg"><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:10.0pt">733 7th Avenue, Suite 110<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt">Kirkland, WA 98033<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt">425-836-6240 / 425-748-3901 (fax)<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:9.0pt">BE AWARE! Online banking fraud is on the rise. If you receive an email containing a change in WIRE TRANSFER INSTRUCTIONS call our office immediately to verify the information prior to sending funds.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt">** WE DO NOT CHANGE OUR WIRE INSTRUCTIONS**<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:9.0pt">The information contained in this communication, and in any attached document(s), is privileged and/or confidential, intended solely for the individual/entity to whom/which it was sent. If you are not the
intended recipient, you are hereby notified that any dissemination, distribution, or copying of this information is strictly prohibited. If you have received this email in error, please notify me immediately at the email address, mailing address, or telephone
or fax number above.<o:p></o:p></span></p>
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