Texas Real Estate Exam

Category - Texas

Under the Truth-in-Lending Law, which of the following is not to be included in the finance charge?
  1. Appraisal fee
  2. Loan points
  3. Time/price differential
  4. Finder's fees and similar charges
Explanation
Answer: A. Of the items mentioned, the appraisal fee is the one which is not included in the finance charge.
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