Question 20

New build condo for sale: could be yours for just $1,800 a month.

This advertisement triggers a full disclosure under TILA rules because it provides a specific payment amount associated with a loan or financing option, which necessitates clear terms regarding the financing being offered.

A) Asking just $250,000 for this three-bed, two-bath beauty.

This option does not trigger full disclosure requirements because it only states the price of the property without mentioning any financing terms or monthly payment amounts. TILA regulations focus on advertisements that suggest credit terms rather than simple property pricing.

B) New luxury condos available, starting at $180,000.

Similar to Option A, this statement simply provides a starting price for the condos without referencing financing options or payment terms. Therefore, it does not meet the criteria for triggering full disclosure under TILA rules.

C) New build condo for sale: could be yours for just $1,800 a month.

This option clearly indicates a specific monthly payment amount, which is a key factor in triggering full disclosure. Under TILA, advertisements that mention payment amounts typically require clear and comprehensive information about the financing terms associated with that payment.

D) Stop renting and start saving: See how low rates can put you in your own home for less than a rental.

While this option implies that there are favorable financing terms available, it does not specify a payment amount or financing terms directly. As a result, it does not sufficiently trigger full disclosure requirements under TILA.

Conclusion

Option C is definitively the correct choice because it explicitly mentions a monthly payment amount, which is a key trigger for full disclosure under TILA rules. The other options either provide property prices or vague financing implications without specific payment details, thus failing to meet the criteria for mandatory disclosures.