TRETS definition
Examples of TRETS in a sentence
The cost of the TRETS service, if applicable, shall be paid by Borrower.
If the Lenders require Borrower to make tax deposits pursuant to Section 5.5 above, then the Lenders will not engage TRETS.
The Lenders shall have the right to engage Transamerica Real Estate Tax Service (TRETS) for the Loan Term, for the purpose of providing the Lenders annual tax information concerning the Collateral; provided, however, that the Lenders will notify Borrower in writing before the Lenders engage TRETS.
For each Mortgage Loan, the Seller will pay any and all TRETS Fees, as negotiated by the Buyer with TRETS, for the "life of loan" transferable contracts.
The Buyer will give the Seller written notice of any change to such TRETS Fees no later than sixty (60) days prior to the effective date of such change.
Not less than fifteen (15) days before each applicable Transfer Date for first lien Mortgage Loans, only Servicer shall deliver written notices of the transfer of subservicing contemplated herein to TRETS.
Lender shall have the right to engage Transamerica Real Estate Tax Service (TRETS) for the Loan Term, for the purpose of providing Lender annual tax information concerning the Collateral; provided, however, that Lender will notify Borrower in writing before Lender engages TRETS.
If Lender requires Borrower to make tax deposits pursuant to Section 5.5 above, then Lender will not engage TRETS.
Within 60 days after each Transfer Date, Purchaser shall provide Seller with a listing of all such Mortgage Loans for which Purchaser’s designated tax service provider did not receive the anticipated tax contract information from TRETS.
Such notice shall instruct TRETS to deliver, from and after each applicable Transfer Date, all applicable payments, notices, bills, statements, records, files, histories, support documents, and other documents to Subservicer.