Actually, the best thing might be to call the state department of finance and run by the pending deal and ask if you need to comply as a consumer loan originator, they might just tell you......but they will also tell you or not, that taking that answer would be a lot like calling  the IRS for tax assistance, the tax payer is ultimately responsible.

As long as you've complied w/ your portion of the contract the seller is in a weak position. 

Failure to comply with this rule is grounds for immediate eviction.N.

Yes, there are all kinds of ways to do this, but going the conventional lending route will put you in box to comply with lending requirements.  

A direct lender (portfolio lender) keeps the note on their books and doesn't have to comply with the standard Fannie guidelines as they will not be reselling the note.

Everyone is entitled to run their business as they see fit, but they are also liable for their actions and complying with the law.

Head over to Maplewood and you need to register even if you only have 1.3 units and above must be registered with the State of NJ and comply with inspections which need to take place every 5 years.  

(A) A landlord who is a party to a rental agreement shall do all of the following:(1) Comply with the requirements of all applicable building, housing, health, and safety codes that materially affect health and safety;(2) Make all repairs and do whatever is reasonably necessary to put and keep the premises in a fit and habitable condition;(3) Keep all common areas of the premises in a safe and sanitary condition;(4) Maintain in good and safe working order and condition all electrical, plumbing, sanitary, heating, ventilating, and air conditioning fixtures and appliances, and elevators, supplied or required to be supplied by the landlord;(5) When the landlord is a party to any rental agreements that cover four or more dwelling units in the same structure, provide and maintain appropriate receptacles for the removal of ashes, garbage, rubbish, and other waste incidental to the occupancy of a dwelling unit, and arrange for their removal;(6) Supply running water, reasonable amounts of hot water, and reasonable heat at all times, except where the building that includes the dwelling unit is not required by law to be equipped for that purpose, or the dwelling unit is so constructed that heat or hot water is generated by an installation within the exclusive control of the tenant and supplied by a direct public utility connection;(7) Not abuse the right of access conferred by division (B) of section 5321.05 of the Revised Code;(8) Except in the case of emergency or if it is impracticable to do so, give the tenant reasonable notice of the landlord's intent to enter and enter only at reasonable times.

Occasionally, I've seen windows below this threshold, and when we redo the windows, we adjust the framing to comply with the 24" requirement.

When dealing with title companies or cloing attorneys, your trust document must comply with state requirements for organization and for funding.