Federally Related Transaction Law and Legal Definition
According to 12 CFR 225.62 [Title 12 -- Banks and Banking; Chapter II -- Federal Reserve System; Subchapter A -- Board of Governors of the Federal Reserve System; Part 225 -- Bank Holding Companies and Change in Bank Control (Regulation Y); Subpart G -- Appraisal Standards for Federally Related Transactions; Regulations], federally related transaction means “any real estate-related financial transaction entered into on or after August 9, 1990, that:
(1) The Board or any regulated institution engages in or contracts for; and
(2) Requires the services of an appraiser.”
Legal Definition list
- Federally Related Mortgage Loan
- Federally Recognized Indian Tribal Government
- Federally Protected Function
- Federally Permitted Release
- Federally Owned Property
- Federally Related Transaction
- Federally Supported Work
- Federally Vaccine-Eligible Child
- Federally-Controlled Facilities
- Federally-Controlled Information System
- Federally-Declared Disaster [Economic Development Administration, Department of Commerce]
Related Legal Terms
- ABC Transaction [Oil & Gas]
- Age Related Term
- Agency Transaction (Securities)
- Airline-Related Services
- Alcohol-Related Neurodevelopmental Disorders
- Alternative Mortgage Transaction [Banks & Banking]
- Area of Special Flood-Related Erosion Hazard
- Arms Length Transaction
- Asset Exchange or Conversion Transaction
- Automated Transaction
