A federally related real estate transaction as defined by FIRREA is

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A federally related real estate transaction as defined by FIRREA is

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Answer 1

Answer #1

As per FIRREA

A federally related real estate transaction is that transaction related to real estate which demands the services of an appraiser. Moreover such transaction should be engaged in, regulated by or contracted for a federal financial institution regulatory agency or the Resolution Trust Corporation.

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Answer 2

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A federally related real estate transaction as defined by FIRREA is

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