Interstate Land Sales Full Disclosure Act (ILSA): Federal law requiring developers to provide detailed disclosures to purchasers of condominium units
Fair Housing Act: Federal legislation prohibiting discrimination in real estate transactions based on race, color, religion, sex, national origin, familial status, or disability
Truth in Lending Act (TILA): Federal law requiring lenders to provide standardized disclosures about loan terms and costs
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes and requiring specific disclosures related to settlement services
State Property Laws: State-specific legislation governing real property rights, transfers, and obligations
State Condominium Acts: State-specific laws regulating condominium development, management, and ownership
State Real Estate Transfer Laws: State-specific requirements for transferring real estate property ownership
State Consumer Protection Laws: State-specific legislation protecting consumers in real estate transactions
State Recording Requirements: State-specific rules for recording real estate documents and transfers
Local Zoning Laws: Municipal regulations governing property use and development
HOA Regulations: Rules and regulations established by the Homeowners Association governing the condominium community
Condominium Association Bylaws: Governing documents establishing the operational rules and procedures for the condominium association
Building Codes: Local and state regulations governing building construction and safety standards
Environmental Regulations: Federal and state laws governing environmental protection and compliance in real estate
Property Tax Laws: State and local laws governing property taxation and assessment
Title Insurance Requirements: State-specific requirements for title insurance and property ownership verification
Condominium Declaration: Legal document establishing the condominium and defining unit boundaries, common elements, and ownership rights
Master Deed: Legal document recording the creation of the condominium and describing the property division
Common Area Maintenance Agreements: Documents outlining responsibilities and cost sharing for maintaining common areas
Reserve Fund Requirements: State and association requirements for maintaining adequate financial reserves for future repairs and maintenance
