In general, the laws, rules and regulations that apply to our business practices include, without
limitation, the federal Real Estate Settlement Procedures Act, the federal Fair
Housing Act, the Dodd - Frank Act, and federal advertising and other laws, as well as comparable state statutes; rules
of trade organization such as NAR, local MLSs, and state and local AORs; licensing requirements and related obligations that could arise from our business practices relating to the provision
of services other than real estate
brokerage services; privacy regulations relating to our use
of personal information collected from the registered users
of our websites; laws relating to the use and publication
of information through the Internet; and state real estate
brokerage licensing requirements, as well as statutory due diligence, disclosure, record keeping and standard -
of - care obligations relating to these licenses.