By taking this test, the individual test taker acknowledges and agrees that:
- This learning program covers RESPA issues, only.
- This learning program does not address all RESPA issues. It is designed and intended to address common RESPA issues only. This program is not comprehensive. It test does not address any state-law issues.
- This program is designed and intended to be used exclusively as a tool for evaluating an individual’s general familiarity with RESPA.
- No user of this program may rely on any part of this test or on their test results for any purpose other than for evaluating his or her own general RESPA knowledge.
- No part of this program may be viewed as any sort of certification or endorsement for any actual RESPA-related situation. All actual RESPA questions and situations must be referred to counsel familiar with RESPA and with related state laws, rules, and regulations. No user of this program may rely on any part of this program as any sort of legal advice or as support for, or endorsement of, any position or course if taken in connection with any actual RESPA situation. All RESPA situations are different and require individual, in-depth analysis considering up-to-date RESPA laws, rules, and regulations, none of which any part of this program provides.
- While industry members and counsel familiar with RESPA have reviewed this test, no state or federal government agency or representative has endorsed or reviewed this program.
- RESPA is subject to change, through statutory amendment, regulatory change, or judicial decision. This program does not address any such changes.
- Each user of this program agrees to hold harmless Knowledge Factor, Inc. and the Colorado Mortgage Lenders Association and each of their employees, contractors, representatives, consultants, lawyers, and other advisors from and against any and all claims of every kind, type, and nature related to all parts of this test and to his/her taking this test.