Finance
The Truth-in-Lending Act (TILA) requires lenders to disclose the:
AAppraised value of the property
BAnnual Percentage Rate (APR) and total finance charge✓ Correct
CSeller's net proceeds
DBroker's commission
Explanation
TILA mandates disclosure of the Annual Percentage Rate (APR) — which includes interest plus fees — and the total finance charge, so borrowers can accurately compare loan costs.
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