Mortgage lenders must provide an honest estimate of all the settlement charges expected to be paid by a home purchaser at closing (e.g. lender's fees) and provided within three days of the application for a loan by the home buyer. … [Read more...]

Typically refers to contracts, the law which is to govern the contract's terms in the event a dispute should arise. Usually the state law is set within a contract in a choice of law clause. … [Read more...]

See good samaritan rule. … [Read more...]

1. The regulation, restraint, supervision, or control which is exercised upon the individual members of an organized jural society by those invested with the supreme political authority, for the good and welfare of the body politic; or the act of exercising supreme political power or control. 2. The system of polity in a state; that form of fundamental rules and principles by … [Read more...]

A rule where a person who comes upon and, in good faith, aids an injured stranger is limited in liability for any further injuries that the injured person may suffer. This is done to encourage good Samaritans to act without fear of lawsuits as a result of questionably negligent acts during a time of emergency and made with best of intentions. … [Read more...]