What are the goals of the Real Estate Settlement Procedures Act?
What will be an ideal response?
RESPA was enacted to regulate and reform lending practices and closing and settlement procedures. The goal was to ensure that consumers are advised of all the costs related to the real estate transaction in easily understood terms. Another goal is to give regularity to the settlement process and to thwart unfair and fraudulent practices.
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If a party denies a fact to a Request for Admission that is subsequently proven at trial, he or she may be assessed fees and costs incurred by the proving party
Indicate whether the statement is true or false
?Which of the following is a gender-neutral term?
A. ?Fireman B. ?Policeman C. ?Police officer D. ?Workwoman
Isabella and Roberto are getting a divorce after thirty years of marriage. They have only two major assets: the marital home and Roberto's pension plan at the oil company where he has been employed all of his professional life. Isabella's attorney wants to learn about the specifics of Roberto's pension plan. Which formal discovery method will she most likely employ to obtain that information?
A) interrogatories B) deposition C) request for admissions D) request for production of documents or things
When there are multiple facts, it is appropriate to condense the facts when stating the issue.
Answer the following statement true (T) or false (F)