Businesses that are controlled by a common corporation and offer settlement services are called what?

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Businesses that are controlled by a common corporation and offer settlement services are referred to as affiliated business arrangements. This is a term used to describe situations where entities, such as real estate companies, title companies, and mortgage lenders, work together under a common corporate umbrella to provide comprehensive services to consumers in the real estate transaction process.

The concept of affiliated business arrangements includes businesses that are not only affiliated but also provide various settlement services, such as title insurance and escrow services, to facilitate real estate transactions. This collaboration can offer convenience to consumers and streamline the transaction process, often resulting in cost savings and improved service delivery.

Thus, the answer indicating 'All of the above' is accurate because it acknowledges that an affiliated business arrangement can be described in terms of both an affiliated business and an ABA, which are all terms that point to similar concepts within the context of settlement services provided by controlled entities. The terminology may vary, but all correctly relate to businesses offering these services under a common corporation.

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