Real Estate Settlement definition

Real Estate Settlement means the settlement of the litigation matter involving Sxxxxx Xxxxxx; et ax x. Spartan Partners Corporation; et al, including all claims and counterclaims relating thereto, for an amount not to exceed $5,000,000 in exchange for a Credit Party’s purchase of Real Property located at 6000 X. Xxxxx Xxxx Xxxx, Xxxxxxx, Xxxxxxxx.

Examples of Real Estate Settlement in a sentence

  • Virginia’s Consumer Real Estate Settlement Protection Act provides that the purchaser or borrower has the right to select the settlement agent to handle the closing of this transaction.

  • Variation by agreement: The provisions of the Consumer Real Estate Settlement Protection Act may not be varied by agreement, and rights conferred by this chapter may not be waived.

  • As a party to a real estate transaction, the purchaser or borrower is entitled to receive a copy of these guidelines from your settlement agent, upon request, in accordance with the provisions of the Consumer Real Estate Settlement Protection Act.

  • We are unpersuaded.Before the trial court, Vach averred that the Substitute Trustees had no right to initiate a foreclosure sale because the Substitute Trustees failed to comply with the loss mitigationprocedures outlined in Regulation X, promulgated under the authority of the Real Estate Settlement Procedures Act (“RESPA”).

  • To amend the Truth in Lending Act and the Real Estate Settlement Proce- dures Act of 1974 to establish language access requirements for creditors and servicers, and for other purposes.

  • Second, Defendants contend that Intervenors cannot transform a claim under the Real Estate Settlement Procedures Act (“RESPA”), 12U.S.C. §§ 2601 et seq.

  • Some acts include the Truth in Lending Act (TILA), the Home Mortgage Disclosure Act (HMDA), the Real Estate Settlement Procedures Act (RESPA), the Fair Housing Act (FHA), and the Equal Credit Opportunity Act (ECOA), and the Community Reinvestment Act (CRA).

  • Without limiting the foregoing, the Servicer shall comply with all requirements concerning the handling of escrow accounts contained in the federal Real Estate Settlement Procedures Act of 1974, as amended, and all regulations promulgated thereunder.

  • You are applying for a mortgage loan covered by the Real Estate Settlement Procedures Act (RESPA)(12 U.S.C. 2601 et seq.).

  • Charged with the task of simplifying the convoluted information consumers receive under the Truth In Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA), CFPB redesigned the forms and conducted in-depth, one-on-one interviews with borrowers, lenders, and brokers to understand how well consumers and lenders were able to use various iterations.

Related to Real Estate Settlement

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

  • Real estate sign means a temporary non-illuminated sign installed, erected or displayed on a property for the notification that a building, premises or portion thereof is offered for sale, rent or lease;

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Major transit investment corridor means public transit service that uses or occupies:

  • California Renewables Portfolio Standard means the California Public Utilities Code Section 399.11, et seq.

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.