RESPA gives the buyer the right to review the completed settlement statement how long before closing? |
Three business days |
Which of the following is not an item that a buyer usually pays at closing? |
Fee for clearing the title |
What form does RESPA require to be used for itemizing closing costs? |
Closing Disclosure |
RESPA applies to all of the following EXCEPT which? |
Seller-financed loan |
Which of the following is an item that is not normally prorated? |
Title fees |
Proof of ownership of a property is called what? |
Evidence of title |
Accepting referral fees |
could be a violation of state licensing laws. |
Which item is not covered by CLTA, ALTA or ALTA-R insurance policies? |
Zoning ordinances |
Which pages of the Closing Disclosure will look the same regardless of the loan type the consumer is getting? |
Page 2 and 3 |
Who is responsible for ordering the preliminary title report? |
Escrow officer |