RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606 — Exempted transactions

respa-12usc-2606

RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.), §2606 Exempted transactions. Captured section-complete from Cornell LII (verbatim).

Get this register: .xlsx .csv More bundles →

source:
  type: regulation
  id: respa-12usc-2606
  authority: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606 — Exempted transactions
  description: |
    RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.), §2606 Exempted transactions. Captured section-complete from Cornell LII (verbatim).
obligations:
  - id: respa-12usc-2606-a
    canonical_id: respa-12usc-2606-a
    section: 12 U.S.C. §2606(a)
    description: 'Exempted transactions — (a): (a) In general This chapter does not apply to credit transactions involving extensions of credit— (1) primarily for business, commercial, or agricultural purposes; or (2) to government or governmental agencies or instrumentalities.'
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - gap-fill
      - section-complete
      - usc-statute
    primary_source:
      tier: 1
      authority: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606
      source_class: usc-statute-lii
      source_url: https://www.law.cornell.edu/uscode/text/12/2606
      snapshot_id: 80ef18ec71eca1e3
      fetched_at: '2026-06-18T00:00:00+00:00'
      content_hash: sha256:e1cf4f59b10e2c6f4bd88ad3cdfe39a8e1ef8ff2a0f87f8049fadb8bb3b0917f
      paragraph_quote: (a) In general This chapter does not apply to credit transactions involving extensions of credit— (1) primarily for business, commercial, or agricultural purposes; or (2) to government or governmental agencies or instrumentalities.
      drafter_attestation: Verbatim slice of 12 U.S.C. §2606 subsection (a) from Cornell LII snapshot 80ef18ec71eca1e3; body isolated between nav and Editorial/Statutory Notes; substring-verified.
  - id: respa-12usc-2606-b
    canonical_id: respa-12usc-2606-b
    section: 12 U.S.C. §2606(b)
    description: 'Exempted transactions — (b): (b) Interpretation In prescribing regulations under section 2617(a) of this title , the Bureau shall ensure that, with respect to subsection (a) of this section, the exemption for credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, as prov…'
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - gap-fill
      - section-complete
      - usc-statute
    primary_source:
      tier: 1
      authority: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606
      source_class: usc-statute-lii
      source_url: https://www.law.cornell.edu/uscode/text/12/2606
      snapshot_id: 80ef18ec71eca1e3
      fetched_at: '2026-06-18T00:00:00+00:00'
      content_hash: sha256:e1cf4f59b10e2c6f4bd88ad3cdfe39a8e1ef8ff2a0f87f8049fadb8bb3b0917f
      paragraph_quote: (b) Interpretation In prescribing regulations under section 2617(a) of this title , the Bureau shall ensure that, with respect to subsection (a) of this section, the exemption for credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, as provided in subsection (a)(1) [1] of this section shall be the same as the exemption for such credit transactions under section 1603(1) of title 15 . ( Pub. L. 93–533, § 7 , as added Pub. L. 103–325, title III, § 312 , Sept. 23, 1994 , 108 Stat. 2221 ; amended Pub. L. 104–208, div. A, title II, § 2103(b) , Sept. 30, 1996 , 110 Stat. 3009–399 ; Pub. L. 111–203, title X, § 1098(5) , July 21, 2010 , 124 Stat. 2104 .) [1] See References in Text note below.
      drafter_attestation: Verbatim slice of 12 U.S.C. §2606 subsection (b) from Cornell LII snapshot 80ef18ec71eca1e3; body isolated between nav and Editorial/Statutory Notes; substring-verified.

Verbatim regulatory text (2)

Verbatim provisions from RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606 — Exempted transactions — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

12 U.S.C. §2606(a)

(a) In general This chapter does not apply to credit transactions involving extensions of credit— (1) primarily for business, commercial, or agricultural purposes; or (2) to government or governmental agencies or instrumentalities.

Source: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606 · source URL · snapshot 80ef18ec71eca1e3

12 U.S.C. §2606(b)

(b) Interpretation In prescribing regulations under section 2617(a) of this title , the Bureau shall ensure that, with respect to subsection (a) of this section, the exemption for credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, as provided in subsection (a)(1) [1] of this section shall be the same as the exemption for such credit transactions under section 1603(1) of title 15 . ( Pub. L. 93–533, § 7 , as added Pub. L. 103–325, title III, § 312 , Sept. 23, 1994 , 108 Stat. 2221 ; amended Pub. L. 104–208, div. A, title II, § 2103(b) , Sept. 30, 1996 , 110 Stat. 3009–399 ; Pub. L. 111–203, title X, § 1098(5) , July 21, 2010 , 124 Stat. 2104 .) [1] See References in Text note below.

Source: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606 · source URL · snapshot 80ef18ec71eca1e3

Operationalizing RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2606 — Exempted transactions

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/respa-12usc-2606/ · register respa-12usc-2606 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.