Us Code § 2608 - Title companies; liability of seller
Full text of Us Code United States Code § 2608 — Title companies; liability of seller, with citation guidance and answers to common questions.
§ 2608. Title companies; liability of seller
(a) No seller of property that will be purchased with the assistance of a federally related mortgage loan shall require directly or indirectly, as a condition to selling the property, that title insurance covering the property be purchased by the buyer from any particular title company.
(b) Any seller who violates the provisions of subsection (a) shall be liable to the buyer in an amount equal to three times all charges made for such title insurance.
(Pub. L. 93–533, §9, Dec. 22, 1974, 88 Stat. 1728.)
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 180 days after Dec. 22, 1974, see section 20 of Pub. L. 93–533, set out as a note under section 2601 of this title.
About This Section
12 U.S.C. § 2608 is part of Title 12 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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