Finance
The Truth-in-Lending Act (TILA) requires lenders to disclose the:
AProperty's appraised value
BAnnual percentage rate (APR) and total finance charges✓ Correct
CSeller's net proceeds
DTitle company's fees
Explanation
TILA requires lenders to disclose the annual percentage rate (APR), total finance charges, and other credit terms so borrowers can compare loan offers on a standardized basis.
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