Sentences with phrase «hazards of particular transactions»

The government of Prime Minister Pierre Trudeau introduced the Foreign Investment Review Act (FIRA) in 1973, forming a federal agency to advise on the respective benefits and hazards of particular transactions.

Not exact matches

Regulation X prohibits the use of an average charge for any settlement service if the charge for the service is based on the loan amount or property value, such as transfer taxes, interest charges, reserves or escrow, or any type of insurance, including mortgage insurance, title insurance, or hazard insurance, and also requires the settlement service provider to retain all documentation used to calculate the average charge for a particular class of transactions for at least three years after any settlement for which that average charge was used.
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