RESPA

Created by: HSI - Health & Safety Institute Top Author
1,779 views Prime
Last Updated 11/2022
English
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16 min! Run Time
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What you'll learn

Real Estate Settlement Procedures Act: Disclosures
Real Estate Settlement Procedures Act: Kickbacks, Title Insurance, and Escrows

Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

The Real Estate Settlement Procedures Act (RESPA), passed in 1974, covers residential properties of one to four units. Before RESPA, buyers were charged unnecessary fees to close on homes. This course explains the law.

What this course covers:

  • What RESPA is and the properties it covers
  • The problems RESPA was created to fix
  • How RESPA protects homebuyers at closing
  • The disclosures RESPA requires

Built for mortgage, title, and settlement professionals who need a working knowledge of RESPA.

System Requirements

See System Requirements in the Coggno Knowledge Base

RESPA

Real Estate Settlement Procedures Act: Disclosures
Real Estate Settlement Procedures Act: Disclosures

The Real Estate Settlement Procedures Act (RESPA), passed in 1974, protects buyers of one-to-four-unit homes from the unnecessary closing fees that were common before the law existed.

What this course covers:

  • What RESPA is and why Congress passed it in 1974
  • The residential properties RESPA covers
  • The disclosures RESPA requires during settlement
  • How disclosures protect homebuyers at closing

Ideal for real estate, mortgage, and settlement professionals.

Real Estate Settlement Procedures Act: Kickbacks, Title Insurance, and Escrows
Real Estate Settlement Procedures Act: Kickbacks, Title Insurance, and Escrows

The Real Estate Settlement Procedures Act (RESPA), passed in 1974, protects homebuyers at closing. This course focuses on Sections 8 through 10 and the consumer protections they provide.

What this course covers:

  • The consumer protections in Sections 8 to 10 of RESPA
  • How the law addresses kickbacks and referral fees
  • RESPA rules on title insurance
  • Limits on escrow accounts

Ideal for real estate, mortgage, and title and settlement professionals.

Frequently Asked Questions

This course is designed for employees who need to complete RESPA training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 16 minutes to complete and can be paused and resumed at any time.

Yes. Learners receive a downloadable certificate upon successful completion, which can be used for compliance records and audits.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.