Final answer:
RESPA applies to residential properties and loans made for residential real estate purposes. An agency disclosure form is needed for all types of real estate transactions involving a real estate agent.
Step-by-step explanation:
RESPA applies to various types of real estate transactions, including the purchase, sale, or financing of one-to-four family residential properties. It also covers loans made by federally regulated lenders for the purchase, refinance, or improvement of residential real estate.
An agency disclosure form is typically required for all types of real estate transactions where a real estate agent is involved. This includes residential properties, commercial properties, and vacant land.