Real estate transactions are regulated by a wide body of federal statutes, and a combination of state statutes and common law. The requirements established by state law often differ significantly from one state to another.
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wex articles
redlining
Redlining can be defined as a discriminatory practice that consists of the systematic denial of services such as mortgages, insurance loans, and other financial services to residents of certain areas, based on their race or ethnicity....
Regents of the University of California v. Bakke (1978)
Regents of the University of California v. Bakke is a 1978 Supreme Court case which held that a university’s admissions criteria which used race as a definite and exclusive basis for an admission decision violated the Equal Protection Clause of the...
Regulation S-K
Regulation S-K is a Securities and Exchange Commission (SEC) regulation that outlines how registrants should disclose material qualitative descriptors of their business on registration statements, periodic reports, and any other filings. The...
Regulation S-X
Regulation S-X is a Securities and Exchange Commission (SEC) regulation under the Securities Act that outlines how registrants should disclose financial statements on registration statements, periodic reports, and other filings. Compare with...
res judicata
Res judicata is a principle most used in civil litigation. Directly translated, res judicata means “a matter judged.” Specifically, the res judicata principle indicates that if there is a final judgment based on merits, then another plaintiff...
Resource Conservation and Recovery Act (RCRA)
The Resource Conservation and Recovery Act (RCRA) is an act that serves mainly to regulate disposal of land-based waste, with a specific focus on hazardous land waste. The ultimate objective of the RCRA is reducing land waste and promoting...
reverse mortgage
A loan given to homeowners in exchange for equity in their homes. The loan does not have to be repaid until the homeowner dies, sells the house, or moves. Under the FHA's reverse mortgage program, homeowners must be at least 62 years of age, own the...
right to confront witness
The right to confront a witness is one of the fundamental Constitutional rights that protects the citizens of the United States. The Sixth Amendment of the United States Constitution states that any criminal defendant suspected of committing...
right to jury trial
Overview:
The right to a jury trial refers to the right provided by the Sixth and Seventh Amendments. The Sixth Amendment states that in all criminal prosecutions, the accused criminal has the right to a trial by an impartial jury of the...