United States Code

USC most recently checked for updates: Jun 01, 2020

§ 2608.
Title companies; liability of seller
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.
Any seller who violates the provisions of subsection (a) shall be liable to the buyer in an amount equal to three times all charges made for such title insurance.
(Pub. L. 93–533, § 9, Dec. 22, 1974, 88 Stat. 1728.)
cite as: 12 USC 2608