What law controls the advertising of real estate loans?

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Prepare effectively for the California Real Estate Exam with comprehensive quizzes, flashcards, and detailed explanations. Enhance your knowledge of real estate principles, laws, and regulations essential for passing the exam.

Multiple Choice

What law controls the advertising of real estate loans?

Explanation:
Regulation Z, also known as the Truth in Lending Act (TILA), is a federal law that regulates the advertising and disclosure of credit terms, including for real estate loans. The Fair Housing Act and the Equal Credit Opportunity Act are laws that prohibit discrimination in lending, but they do not specifically address advertising. While the Truth in Lending Act is another name for Regulation Z, it is not the specific law that controls the advertising for real estate loans. Therefore, options B, C, and D are all incorrect.

Regulation Z, also known as the Truth in Lending Act (TILA), is a federal law that regulates the advertising and disclosure of credit terms, including for real estate loans. The Fair Housing Act and the Equal Credit Opportunity Act are laws that prohibit discrimination in lending, but they do not specifically address advertising. While the Truth in Lending Act is another name for Regulation Z, it is not the specific law that controls the advertising for real estate loans. Therefore, options B, C, and D are all incorrect.

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