Truth in Lending Act (TILA): Federal law that requires clear disclosure of lending terms and costs in vehicle financing arrangements
Federal Trade Commission Regulations: Federal regulations governing auto sales practices, advertising, and consumer protection in vehicle transactions
Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in credit transactions, including auto financing
Magnuson-Moss Warranty Act: Federal law governing warranties on consumer products, including vehicles, requiring clear disclosure of warranty terms
State Consumer Protection Acts: State-specific laws protecting consumers from unfair practices in vehicle purchases and brokerage services
State Vehicle Broker Licensing Requirements: State-specific regulations governing the licensing and operation of auto brokers
State Contract Laws: General contract laws specific to each state that govern the formation and enforcement of broker agreements
DMV Regulations: Department of Motor Vehicles rules governing vehicle transactions, titles, and registration procedures
Disclosure Requirements: Mandatory disclosures of fees, commissions, and broker relationships required in auto brokerage agreements
Anti-fraud Provisions: Legal requirements to prevent fraudulent practices in vehicle brokerage services
Dispute Resolution Procedures: Legal framework for handling disputes between brokers and clients in vehicle transactions
Liability Limitations: Legal boundaries on broker liability and responsibility in vehicle transactions
