Hoạt động cấp khoản vayCâu 194 / 400
Transfer taxes disclosed on the Loan Estimate are subject to which tolerance?
a.Zero tolerance
b.10 percent tolerance
c.No tolerance
d.15 percent tolerance
Giải thích
Transfer taxes are in the zero tolerance category, meaning the amount charged at closing generally cannot exceed the amount disclosed on the Loan Estimate. Transfer tax rates are set by law, so the creditor is expected to disclose them accurately.
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