What is covered under Section 9 of RESPA?

Section 9 of the Real Estate Settlement Procedures Act (RESPA) specifically addresses the issue of requiring title insurance. It prohibits sellers from requiring buyers to purchase title insurance from a specific company or provider as a condition of the sale of a property. This section ensures that buyers have the freedom to choose their title insurance company, promoting competition and protecting consumers from potentially inflated costs associated with title services.

While other options provided pertain to important aspects of real estate and settlement processes, they do not fall under the purview of Section 9. For example, disclosure of settlement costs is governed by other sections of RESPA; predatory lending practices are addressed under different regulatory frameworks, and credit reporting procedures are related to consumer credit laws rather than title insurance directly. Thus, the crux of Section 9 focuses on the seller's requirements regarding title insurance, upholding consumer choice in this area.