Skip to content
Pass California

Financing, 9% of the examination

Truth in Lending Act (TILA)

The federal credit-disclosure law requiring standardized disclosure of consumer credit costs and terms.

Also called: Regulation Z

Regulation Z implements TILA. It governs measures such as the annual percentage rate and finance charge, and it includes advertising and mortgage rules. TILA is about credit cost and terms; RESPA is centered on settlement practices, servicing, and prohibited referral payments.

See also

Real Estate Settlement Procedures Act (RESPA)The federal law governing settlement-service disclosures, servicing, escrow accounts, and referral-fee practices for covered mortgage loans.

Test the distinction

A relevant question from Financing, selected because its facts or explanation use this concept.

Financing ยท 9%Financing/Credit Laws

Under Regulation Z, which closed-end credit advertisement triggers additional disclosures about down payment, repayment terms, and APR?

Written to DRE's published topic list. Not a real examination question, since reproducing those is a misdemeanor under B&P Code section 123.

Primary sources

Use these authorities when a course summary, forum answer, or older flashcard conflicts with the current California rule.

Where this is tested

FinancingAll eight official DRE financing topics in one California-specific guide, from loan structures and government programs to foreclosure, credit laws, brokerage, and MLO licensing.9%Practice Financing27 questions on this area, every option explained.Practice

Other terms in this area