Q: Does the federal do-not-call legislation apply to door-to-door solicitations?
A: No. However, you may still be prohibited from making door-to-door solicitations if there is a community, municipal or county restriction on door-to-door solicitations or if there is a posted No Trespassing sign on the property or the community.
Q: I’m a broker who specializes in the sale of businesses and business opportunities. I want to call businesses in my area to see if they’re interested in selling. Do the federal Do Not Call laws or regulations apply to businesses?
A: No. The Do Not Call Registry is only for residential telephone numbers.
Q: I know that RESPA (the Real Estate Settlement Procedures Act) requires a lender, as well as mortgage brokers in some instances, to provide a “Good Faith Estimate” to all applicants for a federally related mortgage loan. Do the charges appearing on the Good Faith Estimate have to be exact?
A: No. Under RESPA, the Good Faith Estimate must include the amount of or range of charges for settlement services the borrower is likely to incur in connection with the settlement. Each estimate must be made in good faith and bear a reasonable relationship to the charge a borrower is likely to be required to pay at or before settlement.
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