hard · National Real Estate Exam
A borrower is refinancing their primary residence and signs the loan documents on Thursday, June 4th.
If there are no federal holidays, and the lender's office is open on Saturdays, what is the latest time the borrower can exercise their right of rescission under Regulation Z?
- Midnight on Monday, June 8th
- Midnight on Tuesday, June 9th
- Midnight on Wednesday, June 10th
- Midnight on Sunday, June 7th
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