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The Real Estate Settlement Procedures Act (RESPA)

Question 40

Multiple Choice

The Real Estate Settlement Procedures Act (RESPA) :


A) requires that buyers receive advance disclosure of the settlement costs that will be incurred.
B) is designed to prevent discrimination against pregnant women and families with children in settlement procedures.
C) permits settlements for referral of business to title companies.
D) requires that title insurance be purchased from the company specified by the seller.

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