Real estate laws in USA
Real estate laws in USA R eal estate laws in the United States are governed by both federal and state laws. Here are some key laws and regulations that govern real estate transactions in the US: Fair Housing Act (FHA): This federal law prohibits discrimination based on race, color, religion, sex, national origin, familial status, and disability in the sale, rental, and financing of housing. Real Estate Settlement Procedures Act (RESPA): This federal law requires lenders to provide borrowers with a good faith estimate of settlement costs and prohibits certain practices, such as kickbacks, in the settlement process. Truth in Lending Act (TILA): This federal law requires lenders to disclose the terms and conditions of a loan, including the annual percentage rate (APR), to borrowers. Americans with Disabilities Act (ADA): This federal law requires that buildings and facilities be accessible to people with disabilities. Zoning and Land Use Laws: These are state and local laws that regula...