Real Estate Settlement Procedures Act: What is it? Real estate license exam questions.

In this video, we'll dive into the Real Estate Settlement Procedures Act (RESPA) and explore its purpose in protecting consumers during the home buying process.

We'll cover the key provisions of RESPA, including disclosure requirements and prohibitions against kickbacks and referral fees.

Join us to learn more about RESPA and how it impacts real estate professionals and consumers alike.

Here are the chapters for this video. Feel free to jump around accordingly:

0:00 Introduction
0:21 What is the Real Estate Settlement Procedures Act?
1:13 Components of RESPA
1:40 How RESPA is Applied
2:35 What Loans Does RESPA Cover and NOT Cover?
3:03 Prohibited Acts Under RESPA
3:30 Who Enforces RESPA?
3:50 RESPA Penalties
4:12 Avoiding RESPA Penalties
4:56 Problems With RESPA
5:31 RESPA Amendments
7:17 What Do You Need to Know for the Exam?

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Видео Real Estate Settlement Procedures Act: What is it? Real estate license exam questions. канала Real Estate License Wizard