The _____ Act governs closings on owner-occupied houses,condominiums,and apartment buildings of four units or fewer.

Question

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The Real Estate Settlement Procedures Act (RESPA) governs closings on owner-occupied houses, condominiums, and apartment buildings of four units or fewer. The Equal Credit Opportunity Act (ECOA) prohibits discrimination in lending, the Truth-in-Lending Act (TILA) requires disclosures about credit terms and costs, and the Mortgage Lenders Act regulates mortgage lenders. However, none of these acts specifically govern real estate closings like RESPA does.

The _____ Act Governs Closings on Owner-Occupied Houses,condominiums,and Apartment Buildings