Statute of Frauds: Requires land contracts to be in writing as per UCC requirements, including essential terms and signatures of the parties involved
State-Specific Real Property Laws: Individual state requirements for real estate transactions, including recording requirements, disclosure obligations, and transfer tax regulations
Federal Laws: National regulations including Fair Housing Act, EPA requirements, CERCLA (Superfund), and lead-based paint disclosure requirements for residential properties
Zoning Laws: Local regulations governing land use, including zoning ordinances, land use restrictions, and applicable building codes
Title Related Laws: Requirements for title insurance, recording statutes, and chain of title verification to ensure clear property ownership
Tax Laws: Federal, state, and local tax implications including transfer taxes, property taxes, and FIRPTA regulations for foreign sellers
Contract Law Principles: Fundamental contract elements including offer, acceptance, consideration, capacity of parties, and legal purpose requirements
State-Specific Disclosure Requirements: Mandatory disclosures regarding property condition, natural hazards, known defects, and material facts affecting the property
Financing Laws: Regulations governing financial aspects including Truth in Lending Act, mortgage regulations, and Dodd-Frank Act provisions
