Finance
Under the Real Estate Settlement Procedures Act (RESPA), a Closing Disclosure must be provided to the buyer at least how many business days before closing?
A1 business day
B2 business days
C3 business days✓ Correct
D5 business days
Explanation
RESPA requires that the Closing Disclosure (CD) be provided to the buyer at least 3 business days before consummation of the loan, allowing the buyer time to review the final loan terms and costs.
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