§ 2706.

MORTGAGE MODIFICATION CONSULTANT’S LIABILITY FOR STATEMENTS OR ACTS OF A REPRESENTATIVE

a.

A Mortgage Modification Consultant is liable for all damages resulting from any statement made or act committed by the Consultant’s representative in any manner connected with the Consultant’s (1) performance, offer to perform, or contract to perform any of Service, (2) receipt of any consideration or property from or on behalf of an Owner, or (3) performance of any act prohibited by this Section.

b.

“Representative” for the purposes of this subsection means a Person who in any manner solicits, induces, or causes (1) any Owner to contract with a Mortgage Modification Consultant, (2) any Owner to pay any consideration or transfer title to the Residence threatened with foreclosure to the Mortgage Modification Consultant, or (3) any member of the Owner’s family or household to induce or cause any Owner to pay any consideration or transfer title to the Residence to the Mortgage Modification Consultant.

c.

Any provision in a Contract that attempts or purports to limit the liability of the Mortgage Modification Consultant under this subsection shall be void and shall at the option of the Owner render the Contract void.

History

(Added by 203-09, File No. 090889, App. 8/28/2009)

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