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WEST VIRGINIA DIVISION OF BANKING
TANGIBLE NET BENEFIT WORKSHEET
Licensees who charge loan origination fees, investigative fees, or points or any combination may not charge them in any refinancing
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What is tangible net benefit form?
Tangible net benefit form is a document used to assess the economic benefits of a transaction.
Who is required to file tangible net benefit form?
The parties involved in a transaction, such as buyers and sellers, are required to file the tangible net benefit form.
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The tangible net benefit form requires reporting of various financial and economic data, such as the purchase price, employment impact, and investment details.
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