When a licensee negotiates a loan secured by real property, the licensee must deliver a mortgage loan disclosure statement to the borrower:
A: Within 3 days of the time the borrower signs it;
B: When it is signed by the borrower;
C: Within 24 hours of the time the borrower signs it;
D: When escrow closes.
Answer: B: When it is signed by the borrower;
Business
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Fill in the blank(s) with the appropriate word(s).
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Indicate whether the statement is true or false
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