RESPA: Real Estate Settlement Procedures Act - Federal law governing real estate transactions and settlement processes
Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on race, color, religion, sex, national origin, disability, or familial status
Americans with Disabilities Act: Federal law ensuring equal access and preventing discrimination against individuals with disabilities in real estate transactions
Truth in Lending Act: Federal law requiring disclosure of credit terms and standardizing how costs associated with borrowing are calculated and disclosed
Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions, including real estate financing
State Real Estate Licensing Laws: State-specific regulations governing real estate professional licensing, requirements, and practice standards
State Agency Disclosure Requirements: State-specific rules requiring disclosure of agency relationships between brokers and clients
NAR Code of Ethics: Professional standards and ethical guidelines established by the National Association of REALTORSยฎ
State Consumer Protection Acts: State-specific laws protecting consumers from unfair or deceptive practices in real estate transactions
Sherman Antitrust Act: Federal law prohibiting anticompetitive business practices and monopolistic behavior in real estate markets
Clayton Act: Federal law supplementing the Sherman Act, addressing specific anticompetitive practices and price discrimination
Fiduciary Responsibilities: Legal obligations of loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting of funds owed by broker to client
Dual Agency Regulations: State-specific rules governing situations where a broker represents both buyer and seller in a transaction
Commission Structure Regulations: State and federal requirements regarding disclosure and negotiation of broker compensation
