Finance
The Truth in Lending Act (TILA) requires lenders to disclose the:
ANet operating income of the property
BAnnual Percentage Rate (APR) and total finance charge✓ Correct
CProperty tax rate
DCommission paid to the real estate agent
Explanation
TILA requires disclosure of the APR (which reflects the true cost of the loan including fees) and the total finance charge, enabling borrowers to compare loan costs.
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