The laws of the Real Estate Settlement Procedures Act (RESPA) "apply to" residential properties that have one to four units. Most of the laws that provide "disclosure and consumer protection" are written for this kind of property specifically.
These are questions that the above text answers:
1. What type of properties do the laws of the Real Estate Settlement Procedures Act (RESPA) apply to?
2. How many units can a residential property have for RESPA laws to apply?
3. What is the purpose of RESPA regulations?
4. What does RESPA provide in terms of disclosure and consumer protection?
5. Are the laws of RESPA applicable to commercial properties?
6. What is the focus of RESPA regulations?
7. Are there any exemptions to RESPA regulations for residential properties?
8. Are there any specific laws written for properties other than residential ones?