Real Estate Settlement Procedures Act of 1974 (RESPA) | Real Estate Exam Prep Videos

CORRECTION: In the video I stated 1975, it should have been 1974.
In this real estate exam prep video we discuss the Real Estate Settlement Procedures Act (RESPA). This is a law that regulates lenders and real estate professionals. Key terms discussed are:

Real Estate Settlement Procedures Act (RESPA) -
Loan Estimate (LE) Disclosure -
Closing Disclosure (CD) -
Affiliated Business Arrangements -
Real Estate Service Providers -
Kickbacks -

Best of luck with your studies...

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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

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Видео Real Estate Settlement Procedures Act of 1974 (RESPA) | Real Estate Exam Prep Videos канала The Real Estate Classroom