HF 3888

FIRST ENGROSSMENT

Real estate transactions regulated, terms defined, and closing agents regulated.

Section 1: Statutory lines language is modified.

Section 2: Definitions are modified.
Subdivision 1. Direct risk premiums.
Subdivision 2. Title insurance.

Section 3: Closing agent; real estate closing agent language is modified.

Section 4: Table funding language is modified.
Subdivision 1. Definitions.
Subdivision 2. Requirements.

SNA 3/19/08