Truth in Lending Act (TILA): Federal law that requires lenders to provide standardized disclosures about terms and costs associated with the real estate transaction
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes, requiring specific disclosures and prohibiting certain practices in real estate transactions
Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on race, color, religion, sex, national origin, disability, or familial status
Interstate Land Sales Full Disclosure Act: Federal law requiring developers to provide detailed information about their developments to potential buyers
Foreign Investment in Real Property Tax Act (FIRPTA): Federal law requiring foreign persons to pay U.S. income tax on the gains from sale of U.S. real estate
State Property Laws: State-specific laws governing property rights, ownership, and transfer of real estate within the state's jurisdiction
State Real Estate Transfer Laws: State-specific regulations governing the process and requirements for transferring real estate ownership
State Recording Statutes: State laws governing how and when real estate documents must be recorded in public records
State Disclosure Requirements: State-specific rules about what information sellers must disclose to buyers regarding property condition and history
State Contract Laws: State-specific laws governing the formation and enforcement of contracts, including real estate contracts
State Statute of Frauds: State law requiring certain contracts, including real estate contracts, to be in writing to be enforceable
Local Zoning Laws: Municipal regulations governing property use, development, and restrictions in specific areas
HOA Rules and Restrictions: Homeowners Association regulations that may affect property use, maintenance, and transfer
Environmental Regulations: Federal and state laws governing environmental protection, including wetlands, endangered species, and hazardous materials
Building Codes: Local and state regulations governing construction standards and safety requirements
Property Tax Laws: Federal, state, and local laws governing the assessment and collection of property taxes
Title Insurance Requirements: State regulations regarding title insurance and protection against title defects
Deed Requirements: State-specific requirements for valid property deeds, including format and recording requirements
Easements and Encumbrances: Legal rights and restrictions affecting property use and ownership, including access rights and liens
Mortgage Regulations: Federal and state laws governing mortgage lending, including disclosure requirements and foreclosure procedures
Real Estate Licensing Laws: State laws governing the licensing and regulation of real estate professionals involved in property transactions
