U.S Code last checked for updates: Nov 25, 2024
§ 2603.
Uniform settlement statement
(a)
Disclosure for mortgage loan transactions
(b)
Availability for inspection; exceptions
(c)
Disclosure of fees
The standard form described in subsection (a) may include, in the case of an appraisal coordinated by an appraisal management company (as such term is defined in section 3350(11) of this title), a clear disclosure of—
(1)
the fee paid directly to the appraiser by such company; and
(2)
the administration fee charged by such company.
(d)
Disclosure for charitable mortgage loan transactions
(Pub. L. 93–533, § 4, Dec. 22, 1974, 88 Stat. 1725; Pub. L. 94–205, § 3, Jan. 2, 1976, 89 Stat. 1157; Pub. L. 104–208, div. A, title II, § 2103(g)(1), Sept. 30, 1996, 110 Stat. 3009–401; Pub. L. 111–203, title X, § 1098(2), title XIV, § 1475, July 21, 2010, 124 Stat. 2103, 2200; Pub. L. 116–342, § 2(b), Jan. 13, 2021, 134 Stat. 5134.)
cite as: 12 USC 2603