medium · National Real Estate Exam financing
A real estate advertisement states: 'Own for less than rent! 0 down and0 closing costs for qualified buyers!'
Does this ad trigger full disclosure under Regulation Z?
- No, because '$0' is not considered a numerical value in advertising
- Yes, because the 'down payment' amount is a specific trigger term
- Yes, because all real estate advertisements must disclose the APR
- No, because the term 'qualified buyers' makes it a conditional offer
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