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U.S. Code as of:
01/19/04
Section 2608. Title companies; liability of seller
(a) 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.
(b) Any seller who violates the provisions of subsection (a) of
this section shall be liable to the buyer in an amount equal to
three times all charges made for such title insurance.
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