Learn More - Click Here!

Thread Options
#1275047 - 10/27/09 04:56 PM Reg. Z Real Property
manimal Offline
Diamond Poster
manimal
Joined: Feb 2008
Posts: 2,207
Deleted
I have been up and down Reg. Z and I just cannot seem to find this. What is the definition of "real property" as it applies to coverage under the Truth In Lending Act (see Exceptions 12 CFR 226.3)? Is it real estate? Or does it include personal property like an automobile?
Thank you!!

Return to Top
#1275791 - 10/28/09 02:11 PM Re: Reg. Z Real Property manimal
CRC Offline
Member
Joined: Apr 2008
Posts: 73
Wiscsonsin
I've always "understood" real property to be real estate including structures attached to the RE; a car, furniture, or any thing else that is not attached to the real estate is personal property.
_________________________
Merely my opinion...

Return to Top
#1276589 - 10/28/09 09:32 PM Re: Reg. Z Real Property CRC
manimal Offline
Diamond Poster
manimal
Joined: Feb 2008
Posts: 2,207
Deleted
That is what I am hearing from others I have asked on the phone/in person. Thank you for your insight!
_________________________
We're all here 'cause we've lost control.

Innerpartysystem

Return to Top

Moderator:  Lestie G