Truth in Lending Act (TILA): Federal law that requires lenders to provide standardized disclosures about terms and costs associated with mortgage transactions
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes, requiring specific disclosures and prohibiting certain practices in real estate transactions
Home Ownership and Equity Protection Act (HOEPA): Federal law providing additional disclosure requirements and restrictions for certain high-cost mortgage transactions
Federal Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on protected characteristics
State Property Laws: State-specific laws governing real property rights, transfers, and obligations within the jurisdiction
State Recording Requirements: State-specific rules for how legal documents must be recorded in public records
State Real Estate Laws: Comprehensive state-level regulations governing real estate transactions and property rights
State Notarization Requirements: State-specific rules for proper notarization of legal documents
Local County Recording Requirements: County-specific requirements for document format, margins, and other technical specifications for recording
Uniform Commercial Code (UCC): Standardized regulations governing commercial transactions, including secured transactions involving real property
State Homestead Laws: State-specific protections for homeowners regarding their primary residence
State Fraudulent Conveyance Laws: Laws preventing the transfer of property to avoid creditors or commit fraud
Legal Property Description Requirements: Specific requirements for accurately describing the property being released from the mortgage
Property Tax Regulations: Rules governing property tax obligations and clearances needed for property transfers
Mortgage Satisfaction Requirements: Specific requirements for properly documenting the satisfaction and release of a mortgage
Title Insurance Considerations: Requirements related to title insurance and ensuring clear title upon mortgage release
Lien Release Requirements: Specific procedures and requirements for properly releasing liens on the property
