What are some examples of settlement services that need to be disclosed to the Division of Real Estate?
Settlement service means any service provided in connection with a real estate settlement including but not limited to the following: • Title searches • Title examinations • The provision of title certificates • Title insurance • Services rendered by an attorney • The preparation of title documents • Property surveys • The rendering of credit reports or appraisals • Real estate appraisal services • Home inspection services • Services rendered by a real estate broker • Pest and fungus inspections • The origination of a loan • The taking of a loan application • The processing of a loan • Underwriting and funding of a loan • Escrow handling services • The handling of the processing • Closing of settlement
“Settlement service” means any service provided in connection with a real estate settlement including, but not limited to, the following: (I) title searches; (II) title examinations; (III) the provision of title certificates; (IV) title insurance; (V) services rendered by an attorney; (VI) the preparation of title documents; (VII) property surveys; (VIII) the rendering of credit reports or appraisals; (IX) real estate appraisal services; (X) home inspection services; (XI) services rendered by a real estate broker; (XII) pest and fungus inspections; (XIII) the origination of a loan; (XIV) the taking of a loan application; (XV) the processing of a loan; (XVI) underwriting and funding of a loan; (XVII) escrow handling services; (XVIII) the handling of the processing; and (XIX) closing of settlement.
