We have a customer buying a residential condo, it will be under a business name and the consumer will be the guarantor. They may also use the property as a second home, would it require disclosures.

No, but how can the "business" do this transaction as a business purpose loan? Is the use of the "second home" going to be a taxable event for the consumer? If I was in your shoes, I would need to figure out how the business expects to account for this transaction, the impact of such a transaction on the viability of the business, and make sure that the consumer is not running this transaction through the business for other various nefarious purposes.

This borrower has several investment properties, but they will be using this one as a second home since the property is by the beach. I was just concern whether to require disclosures.

This borrower has several investment properties, but they will be using this one as a second home since the property is by the beach. I was just concern whether to require disclosures.

The borrower is an entity - loans to entities (outside of the limited trust exceptions) are not covered under Regulation Z.

I have a customer buying a place on the lake, would this be considered a second home? I can't remember the maximum number of days a person can stay in the property before it's considered a primary residence.

14 days a year and it is considered owner-occupied under Regulation Z.