Lizette borrows $150,000 from Main Street Bank to buy a home. The Truth-in-Lending Act (TILA) regulates primarily

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Lizette borrows $150,000 from Main Street Bank to buy a home. The Truth-in-Lending Act (TILA)

regulates primarily

a. the mortgage terms that must be disclosed in writing.

b. the lender’s oral representations concerning the terms of a loan.

c. the lowest prices for which real property can be sold.

d. who can buy real property, where they can buy it, and why.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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