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Home / News Stories / Unlisted Lawyer Not Liable Under CRESPA, VSB Says (access required)

Unlisted Lawyer Not Liable Under CRESPA, VSB Says (access required)

A lawyer who was not listed as a real estate settlement agent on a HUD-1 settlement form cannot be liable for failure to register under Virginia's Consumer Real Estate Settlement Protection Act, the Virginia State Bar Disciplinary Board has ruled. The finding by a VSB disciplinary panel reveals a loophole in CRESPA, which requires lawyers ...