Why is it important for brokerages to use the REDX service as part of their background checking process? Select one: a. It provides detailed credit reports on candidates b. It provides legal and regulatory information on candidates c. It offers employment verification for candidates d. It helps to prevent incidents of systemic fraud and misrepresentation

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Why is it important for brokerages to use the REDX service as part of their
background checking process?
Select one:
a. It provides detailed credit reports on candidates
b. It provides legal and regulatory information on candidates
c. It offers employment verification for candidates
d. It helps to prevent incidents of systemic fraud and misrepresentation
Transcribed Image Text:Why is it important for brokerages to use the REDX service as part of their background checking process? Select one: a. It provides detailed credit reports on candidates b. It provides legal and regulatory information on candidates c. It offers employment verification for candidates d. It helps to prevent incidents of systemic fraud and misrepresentation
What is title fraud and who is most vulnerable to it?
Select one:
a. Fraudulent transfer of title of a property, homeowners with rental properties
or mortgage-free properties.
b. Fraudulent transfer of title of a property, homeowners with low-value
properties.
c. Fraudulent transfer of title of a property, homeowners with high-value
properties.
d. Fraudulent transfer of title of a property, homeowners who have recently
purchased a property.
Transcribed Image Text:What is title fraud and who is most vulnerable to it? Select one: a. Fraudulent transfer of title of a property, homeowners with rental properties or mortgage-free properties. b. Fraudulent transfer of title of a property, homeowners with low-value properties. c. Fraudulent transfer of title of a property, homeowners with high-value properties. d. Fraudulent transfer of title of a property, homeowners who have recently purchased a property.
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