Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and regulating consumer credit transactions in owner-financed real estate deals
Dodd-Frank Act: Federal legislation governing seller financing requirements, balloon payment standards, and qualification requirements for seller financing in real estate transactions
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes and requiring specific disclosures during property transactions
State Property Laws: State-specific regulations covering recording requirements, property transfer procedures, and title requirements for real estate transactions
State Usury Laws: State-specific regulations governing maximum interest rates, late payment penalties, and payment terms in financing agreements
State Contract Laws: State-specific laws governing contract formation requirements, enforcement provisions, and remedies for breach of contract
State Foreclosure Laws: State-specific regulations determining default procedures, notice requirements, and borrower rights in foreclosure situations
Local Zoning Laws: Municipal or county regulations affecting property use and development restrictions
Property Tax Regulations: Local and state laws governing property tax assessment, collection, and payment requirements
Insurance Requirements: State and lender-specific requirements for property insurance coverage and terms
Due-on-Sale Clauses: Provisions affecting the transfer of property with existing financing and their applicability in owner-financed transactions
Security Interest Documentation: Legal requirements for documenting and recording the seller's security interest in the property
