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For questions that relate to the laws, practices, and products of the United States.

1 vote
1 answer
2k views

HUD-1 limit on realtor commission rebate?

My wife and I are buying a new house and we are using the builder's mortgage company. Assume our HUD-1 breaks out like this (numbers manufactured to hide real transaction amount): Line 103 - Settlem …
Mike Pennington's user avatar
7 votes
5 answers
4k views

Is it legal for a company to deduct their FICA match from a W2 employee's pay?

I'm considering a new job. One company proposes I work for them (Company AA: a US-based professional services org) under their contract with a US-based Fortune 500 company (Company ZZ). The contract e …
Mike Pennington's user avatar
1 vote
1 answer
278 views

Are all sellers required to comply with the FTC's Cooling-off rule?

I live in Texas, but the Texas rules seem to mirror the US CFR in this instance. Under 16 CFR Part 429 (and Texas Business & Commerce Code Section 39), there is a so-called FTC Cooling-off rule for s …
Mike Pennington's user avatar