Escrow & Title
RESPA (Real Estate Settlement Procedures Act) requires lenders to provide buyers with a Closing Disclosure at least how many business days before closing?
A1 business day
B2 business days
C3 business days✓ Correct
D5 business days
Explanation
Under TRID (the TILA-RESPA Integrated Disclosure Rule), lenders must provide the Closing Disclosure to buyers at least 3 business days before closing so buyers have time to review final loan terms and costs.
Related Nevada Escrow & Title Questions
- What does 'proration' mean in a Nevada real estate closing?
- What is a legal description by metes and bounds in Nevada?
- What is the Nevada common practice for prorating property taxes at closing?
- What is a 'preliminary title report' (prelim) in a Nevada transaction?
- What is a 'deed of reconveyance' in Nevada?
- In Nevada, the foreclosure process under a deed of trust is primarily:
- What is an abstract of title in Nevada real estate?
- In Nevada, which document transfers title of real property from seller to buyer at closing?
Practice More Nevada Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nevada Quiz →