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Ch 7: Government Oversight in Real Estate

About This Chapter

Deepen your understanding of government oversight in real estate with the help from our lessons. This chapter includes helpful resources such as engaging and informative lessons and self-assessment quizzes.

Government Oversight in Real Estate- Chapter Summary

The lessons found in this chapter are structured to aid your understanding of the government's role in real estate. Recall different acts and laws that the government has passed that relate to the real estate field. Specific topics in our lessons include:

  • Benefits of RESPA and Regulation X
  • Information about the Truth in Lending Act
  • Regulation Z
  • Examples of mortgage fraud
  • How people are protected through the Equal Opportunity Act
  • How consumers are protected by illegal business practices with competition

Each topic will be fully explained by our expert instructors. You can check on your comprehension by completing the brief self-assessment quizzes that follow every lesson. When you complete the chapter, you can then take the test that helps you evaluate your recollection of everything found within the chapter.

5 Lessons in Chapter 7: Government Oversight in Real Estate
Test your knowledge with a 30-question chapter practice test
RESPA & Regulation X: Definition & Overview

1. RESPA & Regulation X: Definition & Overview

Home buyers and anyone seeking real estate financing for residential property are provided with a number of benefits under RESPA and Regulation X. In this lesson we will look at the required disclosures and consumer protections in these laws.

Truth in Lending Act & Regulation Z: Definition & Overview

2. Truth in Lending Act & Regulation Z: Definition & Overview

How much does that home mortgage actually cost? Let's take a look at the highlights of the Truth in Lending Act and Regulation Z to see how lenders must inform borrowers about the total costs of borrowing money.

What is Mortgage Fraud? Types & Examples

3. What is Mortgage Fraud? Types & Examples

Every year home buyers and real estate professionals alike lie or commit crimes that involve real estate mortgages. Mortgage fraud can take a number of forms, although there are consumer protections in place to minimize incidents and their impact.

The Equal Credit Opportunity Act & Regulation B

4. The Equal Credit Opportunity Act & Regulation B

Most people need access to credit in order to purchase real estate. In this lesson, you'll learn about the Equal Opportunity Act and Regulation B and how they help ensure that lenders don't unfairly deny credit.

Antitrust Law: Definition, Types & Outline

5. Antitrust Law: Definition, Types & Outline

Antitrust laws are statutes developed to protect consumers from rapacious business practices by making it illegal for businesses to compete in unfair ways.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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