Legal Question in Real Estate Law in Florida

Ysp

What is the penalty to the broker and/or title company if the YSP is not disclosed on the HUD-1 at closing. Is this not a violation of RESPA?


Asked on 1/18/09, 4:05 pm

1 Answer from Attorneys
Justin Schmidt Law Office of Justin B. Schmidt, P.A.

Re: Ysp

YSP is not required to be disclosed on the HUD-1 and failure to disclose YSP is NOT a violation of RESPA.

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Answered on 1/19/09, 2:41 pm


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