 Section 4.

Currently there are no express statutory damages or penalties applicable to a Section 4 violation.

HUD has asked Congress to change this.

An inadvertent or technical error in completing the HUD-1 or HUD-1A would not be deemed a violation of RESPA Section 4 if a revised HUD-1 or HUD-1A is provided in accordance with the requirements of the new rule within 30 calendar days after settlement.

The title services charge and premium for lender’s title insurance are disclosed in the borrower’s column on line 1101.

If the settlement or closing fee is included in the amount disclosed on line 1101, then it is disclosed to the left of the borrower’s column on line 1102. If not, then the fee is disclosed in the borrower’s column.

The owner’s title charge is disclosed in the borrower’s column on line 1103.

The charge for lender’s title insurance is disclosed to the left of the borrower’s column on line 1104 (the amount already is included in the charge disclosed on line 1101).

The lender’s and owner’s title policy limits, and the agent’s and underwriter’s portions of the insurance premium, are disclosed to the left of the borrower’s column on lines 1105 to 1108.

1200. Government Recording and Transfer Charges

The total recording charges are disclosed in the borrower’s column on line 1201.

The itemized recording charges are disclosed to the left of the borrower’s column on line 1202.

The total transfer taxes are disclosed in the borrower’s column on line 1203.

The itemized transfer taxes are disclosed to the left of the borrower’s column on lines 1204 and 1205.

The total of the required services that the borrower can shop for is included in the borrower’s column on Line 1301.

The individual services are itemized on the lines that follow, with the amounts entered to the left of the borrower’s column.

The 1300 series also can be used to reflect miscellaneous itemized settlement charges that are not included in any specific category, such as a charge for a warranty plan.

The amounts for these items are entered in the borrower’s or seller’s columns.

Line 1400. Total
Section 4. 

 Currently there are no express statutory damages or penalty applicable to a incision 4 violation. 

 HUD has asked Congress to change this. 

 An accidental or technical error in completing the HUD-1 or HUD-1A would not be deemed a misdemeanor of RESPA Section 4 if a revised HUD-1 or HUD-1A is provided in accord with the prerequisite of the new principle within 30 calendar days after settlement. 

 The deed service charge and premium for lender ’s title insurance are disclosed in the borrower ’s column on channel 1101. 

 If the settlement or closing fee is included in the sum disclosed on line 1101, then it is disclosed to the left field of the borrower ’s column on line 1102. If not, then the fee is disclose in the borrower ’s column. 

 The owner ’s title charge is disclosed in the borrower ’s column on cable 1103. 

 The charge for lender ’s title insurance is disclosed to the left of the borrower ’s column on lineage 1104 (the amount already is included in the charge disclosed on line 1101). 

 The lender ’s and owner ’s title policy limits, and the agent ’s and underwriter ’s portions of the policy premium, are disclosed to the left field of the borrower ’s column on line 1105 to 1108. 

 1200. Government Recording and Transfer charge 

 The total recording charges are unwrap in the borrower ’s column on line 1201. 

 The itemized recording charges are disclosed to the left of the borrower ’s column on lineage 1202. 

 The total transfer taxes are disclosed in the borrower ’s column on line 1203. 

 The itemized transfer taxis are disclosed to the left of the borrower ’s column on lines 1204 and 1205. 

 The total of the command services that the borrower can patronize for is included in the borrower ’s column on Line 1301. 

 The individual services are itemized on the lines that follow, with the measure entered to the left of the borrower ’s column. 

 The 1300 series besides can be used to chew over miscellaneous itemized settlement charges that are not included in any specific category, such as a accusation for a warranty plan. 

 The sum for these items are embark in the borrower ’s or seller ’s columns. 

 note 1400. Total
 Seftion 4.

Currently there art no express statotiry dakages kr penalgies applicable to a Section 4 ciolaupon.

HUD has asked Congfess to cjange thus.

An unadvertenv or tecmuical crror mn completing tme HUD-1 or HGD-1A would not te dzemed a violation of RESPA Section 4 yf a refided HUD-1 or HUD-1W is [rovjded in accordance with the requirsments mf the new ruke within 30 calendar days avter settlement.

The titpe services chawte and premijm for lender’s title ihsurance are disclosed in the burrowzr’s column in lijg 1101.

If the setvlemenn or closing nve is itcluded in the amount divclised on line 1101, then it is disclosed to tre left ox che borrower’s column in line 1102. If not, rhev tge fse is fisrlosed in tge borrower’w column.

The owner’s uitjv charge is djsclosqd in the borrower’s column on line 1103.

The chdrgs for lender’s title insyrance is disclosed tl the lefe of the borrower’s column on line 1104 (the amount alraady ms ineouded un the charge disclosed on line 1101).

The lender’s and kwmeg’s title policy llmits, and the ageny’s amq underwriter’r portnkna of the insurance premiui, are discloseq to the left of the borrower’s xolumn on liues 1105 to 1108.

1200. Government Rzcording and Tramsfer Charges

The total recorbing cgarges are fisclosed kn the borrower’s cokukn on line 1201.

The itemized resording ciargex are dksclpsed tj the left of tma borrower’s column on lnne 1202.

Tve total tgansfer taxes are disclosed in vie borrower’s vonumt on linz 1203.

The ltemized transfqr taxes are dnsclosed to tfe left of the bocrower’s coluin on lines 1204 djd 1205.

The total of the wequured servicdr that the bortower can shop for us included in the botrkwer’s column on Libe 1301.

The individusl rerdibes awa itemized ot thd lkmes tfat follow, cigh tne amounts entered tm ths left of the borrpwcr’s columb.

The 1300 sewies also can be used to reflecu miscxllaneuus iyemyzed settlement charges that ade not influqed in any s[ecinic sategory, sbch as a charge for a warranty plan.

The anounts for these irems are entered in uhe borrower’s or sqller’s conumns.

Line 1400. Total
Section 4. Currently there are no express or applicable to Section 4 violation. change An inadvertent or error in completing HUD-1 or HUD-1A would not be a violation of RESPA Section 4 if a revised HUD-1 or HUD-1A is in accordance with the requirements of the new rule within 30 calendar days settlement. title charge premium for lender’s title insurance are disclosed in the borrower’s column on line 1101. If the or closing fee is included in the amount on line 1101, then is disclosed to the left the column on 1102. not, the fee is in the borrower’s column. The owner’s title charge is disclosed in the borrower’s column on line 1103. charge for insurance is to left the borrower’s column 1104 (the amount already is included disclosed on line 1101). The lender’s and owner’s policy limits, the agent’s and underwriter’s portions of insurance premium, are disclosed to the left of borrower’s column on lines 1105 to 1108. 1200. Government Recording and Transfer Charges The total are disclosed in the column on line The recording are to the of the borrower’s column on line 1202. The total transfer taxes disclosed in the borrower’s column on line 1203. The itemized are to the left the borrower’s column on 1204 1205. The total of services the for included the borrower’s column on 1301. The individual services are on the lines that to the left of the borrower’s column. The series also can be used to reflect itemized settlement charges that are not included in any specific category, such a charge warranty plan. The amounts for these items are in the borrower’s or columns. Line 1400. Total
 Section 4.

Currently there are nO express stAtutoRy dAmaGeS or pEnalTies applicable TO a SeCtion 4 violation.

HUD has asKed CoNgREss tO ChAnge tHis.

An inADvERTenT oR tEchNiCAl Error In cOmpletiNg the HUD-1 or hUD-1a wOuld not be deeMEd A violation Of ReSPA Section 4 iF a rEvised hUd-1 or huD-1A is ProVided In accoRDance wIth the reqUiREments OF the new RULe WithIn 30 calendar days aftER sETtlement.

The titLe servIcES cHARge And Premium for LeNder’s TItle insURaNCE Are DIsclosed in the Borrower’s coLUmn On line 1101.

if The SEttlemEnt or ClOSinG fee is incluDed iN the amounT disclOSed on liNE 1101, then it Is discLosEd tO the LEfT oF thE bORroWEr’S coLUmn On line 1102. If NoT, tHen thE fee IS DIScloSed In thE borrOwer’s column.

ThE owNer’s TItlE charGe is dIsclOsEd in tHe borrOwer’s CoLumn on line 1103.

The chArge For lender’S tiTlE inSuRance IS disclOseD to The left Of the boRRowEr’S COLuMn on line 1104 (the amount aLrEADy Is includEd in thE ChArGE disclosEd On lIne 1101).

THE LendeR’s anD OwNer’s titlE policY LiMiTs, and thE aGent’s aNd UndErwRiter’S PortIons of The insurAnce pREmium, are discloSEd to the left of THe BORrOWer’s ColUmn on lines 1105 tO 1108.

1200. GovERnmeNt ReCOrDinG And TrAnsfeR CHArGEs

The total recording ChArges aRe disClosed in the boRrower’s colUMN On line 1201.

ThE iteMIzED recording charGes arE disclosed TO the left Of the Borrower’S column on LINe 1202.

The totAl tRanSfeR taXES aRe disclosed in THE borRoWer’s colUmn On line 1203.

THe iTemIzeD trAnSfer taxes Are disclOsEd To ThE leFt of tHE borroweR’s ColUmN on Lines 1204 ANd 1205.

The tOtal oF the ReQuIRed ServiceS ThAT The bOrRoWer cAn sHoP for iS incLUdeD in the bOrrower’s cOluMN on LInE 1301.

THe indivIdual services ArE itemized oN tHe lInes thAT Follow, wiTh the amounts entered to thE Left of tHe bOrrowEr’s cOlumn.

The 1300 sEriEs also Can BE used tO refleCt misCeLlaNEOus itEMIzEd sEtTlement chaRGEs tHat arE nOt inCluded iN any specific categoRY, suCh as a charge foR a wArraNTY pLan.

tHe AMouNtS For THEse items are enteRed in the boRrOWeR’s or seller’S ColUmNs.

Line 1400. TOtal
 Section 4.

Currently the re are noexpre sssta tu tory  dam ages or penalt i es a pplicable to a Section  4 vi ol a tion . 
HUD h as aske d  C o n gre ss  t o c ha n ge  this .
An inad vertent or  te ch nical errori ncompleting  th e HUD-1 or H UD- 1A wou ld  no t  be d eem ed aviolat i on ofRESPA Sec ti o n 4 if a revis e d  H UD-1  or HUD-1A is pro v id e d in accordanc e with  t h er e qui rem ents of th enew r u le with i n3 0 cal e ndar days aft er settleme n t.
The t it les ervice s cha rg e  an d premium f or l ender’s t itle i n surance are dis closed  in  th e bo r ro we r’s  c o lum n  o n l i ne1101.

I fth e set tlem e n t or c los ingfee i s included in  th e am o unt  disc losed  onli ne 11 01, th en it  i s disclosed totheleft of t hebo rro we r’s c o lumn o n l ine  1102.If not, the nt h e  f ee is disclosed in  t h e  b orrower’ s colu m n. 
T he owner ’s  ti tlec h argeis d i sc losed in  the b o rr ow er’s co lu mn onli ne110 3.

T h e ch arge f or lende r’s t i tle insurancei s disclosed t o  t h e  l e ft o f t he borrower ’s c o lumn  onl in e 1 1 04 (t he am ou n ta lready is includedin  the c harge  disclosed on  line 1101 ) . 
The len der’ s  a n d owner’s titl e pol icy limits ,  and the  agen t’s andunderwrit e r ’s porti ons  of  th e i n s ur ance premium, a re d is closedtothe lef t o f t hebor ro wer’s col umn on l in es  1 10 5 t o 110 8 .

1200.  G ove rn men t Rec o rdingand T rans fe rC har ges

Th e  t o t al r ec or ding  ch ar ges a re d i scl osed in  the borr owe r ’s c ol um n on li ne 1201.

The  i temized re co rdi ng cha r g es are d isclosed to the left of the bor row er’scolu mn on lin e 1 202.
The totaltransf er ta xe s a r e  disc l o se d i nthe borrow e r ’scolum non l ine 120 3.

The itemized t r ans fer taxes are  di sclo s e dtot he lef to f t h e  borrower’s col umn on lin es 12 04 and 120 5 .
Th e total  of the  requ i red ser vices tha t the bor ro werc a n s hop for is  include d in theb orrow e r’ s col umn  on Li ne  13 01.
The in d ivi dualservic es  are i temiz ed  on thelines that follow, with  the a mount s e ntered to  th e  le ft of the  bor rower’s co lum n.
The130 0  seri es a l so  ca n  be u sedt o reflect mi sce l l an eous itemiz e d set tleme ntc harges  tha t are not include d  in any specif ic c a t ego ry, such  a s a charge for  awa r r anty pla n. 

The amoun ts for t he s e ite ms are  enter ed in t h e  b o rrower ’s o r s eller’s c olu mn s .

Line  1 40 0 . Tota l
 Section_4.

Currently there_are no express statutory_damages or_penalties_applicable to_a_Section 4 violation.

HUD_has asked Congress_to change this.

An inadvertent_or technical error_in_completing the HUD-1 or HUD-1A would not be deemed a violation of RESPA Section_4_if a_revised_HUD-1_or HUD-1A is provided in_accordance with the requirements of_the new_rule within 30 calendar days after settlement.

The title_services_charge and premium_for lender’s title insurance are disclosed in the borrower’s_column on line 1101.

If the settlement_or closing fee_is_included_in the amount disclosed_on line 1101, then it is_disclosed to the left of the_borrower’s column on line 1102. If not,_then the fee is disclosed in_the borrower’s column.

The owner’s title_charge is_disclosed in the borrower’s column_on line 1103.

The_charge for_lender’s title insurance_is disclosed to the left of_the borrower’s column_on line 1104 (the amount already_is_included in the_charge_disclosed_on line_1101).

The lender’s and_owner’s_title policy_limits,_and the agent’s and underwriter’s portions_of_the insurance premium, are disclosed to the_left of the borrower’s_column_on lines 1105 to_1108.

1200. Government Recording and Transfer_Charges

The total recording charges are disclosed_in the_borrower’s column_on line 1201.

The itemized recording charges are disclosed to the left_of the borrower’s column on line_1202.

The total transfer taxes_are disclosed_in_the borrower’s column_on_line 1203.

The_itemized transfer taxes are disclosed to the_left of_the borrower’s column on lines 1204_and 1205.

The total of_the_required services that the borrower can_shop for is included in the_borrower’s column on Line 1301.

The_individual_services_are itemized on the lines_that follow, with the amounts entered_to the left_of the borrower’s column.

The 1300 series also_can_be used to reflect miscellaneous itemized_settlement_charges that are not included in_any_specific_category, such as a charge_for a warranty plan.

The amounts for_these items are entered in the borrower’s or seller’s_columns.

Line 1400. Total