Internal Revenue Code: Federal tax regulations governing gift tax implications and reporting requirements for equity gifts in real estate transactions
FHA Guidelines: Federal Housing Administration requirements for gift of equity documentation when used with FHA-backed mortgages
GSE Requirements: Fannie Mae and Freddie Mac specific requirements for gift of equity documentation in conventional loans
Bank Secrecy Act: Federal regulations for monitoring and reporting large monetary transactions, including real estate transfers
Dodd-Frank Act: Federal regulations affecting mortgage lending practices and consumer protection in real estate transactions
State Property Transfer Laws: State-specific regulations governing the transfer of real property ownership and documentation requirements
State Gift Tax Laws: State-specific tax implications and reporting requirements for gifts of equity in real estate
State Real Estate Regulations: State-specific rules governing real estate transactions and required disclosures
State Mortgage Lending Requirements: State-specific regulations for mortgage lenders regarding gift of equity documentation and verification
Title Insurance Requirements: Documentation and verification requirements from title insurance companies for gifts of equity
Lender Documentation Requirements: Specific documentation and verification requirements set by individual mortgage lenders for gifts of equity
Local Recording Requirements: County or municipal requirements for recording property transfers involving gifts of equity
Anti-Fraud Provisions: Federal and state regulations designed to prevent fraudulent real estate transactions and ensure transaction legitimacy
