What law controls the advertising of real estate loans?

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Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

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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