jakket189 jakket189

31-01-2024
Business

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An owner advertised ""beautiful acreage only $5,000 down, owner will personally finance down payment."" Would this be in violation of the Truth in Lending Act?
1 - Yes, acreage is not exempt from Reg Z.
2 - Yes, since a down payment was stated.
3 - No, owners are not covered by Reg. Z.
4 - No, brokers can advertise the down payment.

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