BSL 333 Study Guide - Midterm Guide: Real Estate Settlement Procedures Act, Inter Vivos, Future Interest
Document Summary
Provides federal funds to stimulate the economy, including financial assistance for. American recovery and reinvestment act of 2009 (arra) residential mortgagors. Enforces new laws on mortgage lending and disclosures. Reliance on common law or prior court opinions in developing interpretations or resolutions to factually similar problems. Precedent can be used as a guideline for contracts and transactions that occur after the judicial decision. Law that is not found in any code or statute, made by a court. Comprehensive environmental response, compensation, and liability act (cercla) Authorizes the cleanup of disposal sites for hazardous waste and permits the gov. Eminent domain to collect cleanup costs from current and former property owners. Just compensation given when government takes property for pubic purpose. Requires states to apply law equally so all citizens get the same protections, rights, forms of relief, and equal opportunities for land ownership.