Vermont § 206 - Consumer remedies
Full text of Vermont Vermont Statutes Online § 206 — Consumer remedies, with citation guidance and answers to common questions.
§ 206. Consumer remedies
- (a) A lender or settlement agent who violates any provision of this subchapter and causes
actual damage to a consumer is subject to a civil action by the aggrieved consumer
in which the consumer has the right to recover the greater of actual damages in an
amount determined by the court or, except as provided in subsection (b) of this section,
an amount determined by the court of not less than $250.00 nor more than $1,000.00,
plus costs of the action, together with reasonable attorney’s fees. (b) Liability under subsection (a) of this section is limited to actual damages, plus
costs of the action, together with reasonable attorney’s fees, if the lender or settlement
agent shows by a preponderance of the evidence that the violation was not intentional
and resulted from a bona fide error notwithstanding the maintenance of procedures
reasonably adopted to avoid any such error. (c) An action may not be brought pursuant to this section more than two years after the
loan closing has occurred. (Added 2001, No. 55, § 2.)
Frequently Asked Questions About Vermont § 206
What does Vermont Statutes Online § 206 cover?
Section 206 ("Consumer remedies") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 206?
A common citation format is "Vermont Statutes Online § 206" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.