RESPA definition

RESPA means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they may be amended from time to time, or any additional or successor federal legislation or regulation that governs the same subject matter. When used in this Security Instrument, “RESPA” refers to all requirements and restrictions that would apply to a “federally related mortgage loan” even if the Loan does not qualify as a “federally related mortgage loan” under RESPA.
RESPA means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, “RESPA” refers to all requirements and restrictions that are imposed in regard to a “federally related mortgage loan” even if the Loan does not qualify as a “federally related mortgage loan” under RESPA.

Examples of RESPA in a sentence

  • The notice will state the name and address of the new company, the address to which my payments should be made, and any other information required by RESPA.

  • If there is a shortage or deficiency, as defined by RESPA, you will notify me, and I will pay you the amount necessary to make up the shortage or deficiency.

  • If there is a surplus in my escrow account, you will follow RESPA.

  • You will give me an annual accounting of the Funds as required by RESPA.


More Definitions of RESPA

RESPA means the Real Estate Settlement Procedures Act, codified at 12 U.S.C. 2601 et seq., and its implementing regulation, Regulation X.
RESPA means the Real Estate Settlement Procedures Act of 1974, as amended, and all rules and regulations promulgated thereunder.
RESPA means the Real Estate Settlement Procedures Act of 1974.
RESPA means the Real Estate Settlement Procedures Act, 12 U.S.C. § 2601, et seq., as it may be hereafter amended.
RESPA means the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. Section 2601 et seq. and regulations adopted pursuant to it by the Department of Housing and Urban Development.
RESPA means the Real Estate Settlement Procedures Act of 1974, 12 USC Section 2601 et seq., as amended.