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Must an attorney who closes “time share” transactions register as a settlement agent under CRESPA?

April 26, 2017agent attorney crespa REGISTER transactions

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Must an attorney who closes “time share” transactions register as a settlement agent under CRESPA?

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No. The Bar believes that a “time share” closing does not meet the CRESPA’s definition of a real estate transaction involving not more than four residential dwelling units.