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§ 2608. —  Title companies; liability of seller.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC2608]

 
                       TITLE 12--BANKS AND BANKING
 
              CHAPTER 27--REAL ESTATE SETTLEMENT PROCEDURES
 
Sec. 2608. Title companies; liability of seller

    (a) No seller of property that will be purchased with the assistance 
of a federally related mortgage loan shall require directly or 
indirectly, as a condition to selling the property, that title insurance 
covering the property be purchased by the buyer from any particular 
title company.
    (b) Any seller who violates the provisions of subsection (a) of this 
section shall be liable to the buyer in an amount equal to three times 
all charges made for such title insurance.

(Pub. L. 93-533, Sec. 9, Dec. 22, 1974, 88 Stat. 1728.)

                  Section Referred to in Other Sections

    This section is referred to in section 2614 of this title.



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