A buyer has just purchased a home and has applied for a new loan. Regulation Z requires that the lender inform the borrower of the
A. Three-day right of rescission.
B. Total amount of closing costs.
C. Exact amount of monthly payments.
D. True cost of obtaining credit.
Regulation Z is the Truth in Lending Act.
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78310 Points
Educating realtors for 20 years
Exam Details
Arizona Specific Broker Real Estate Exam.
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Added: 9/16/2008
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