As a homebuyer or seller, your right to fair and equal treatment in housing-related issues is assured by several federal and state laws, including the federal Fair Housing Act, the California Fair Employment and Housing Act and the California Unruh Act. In addition, your right to information about parts of the transaction are outlined in the Real Estate Settlement Procedures Act (RESPA) and the Truth In Lending Act (TILA). Lawmakers at the state and federal levels also are pursuing legislation to address concerns expressed by some homebuyers and real estate professionals about predatory lending. Read on for more information about each of these important aspects of homeownership.
