A Georgia closing is set for 20 July 2026 and the Closing Disclosure is handed over on 19 July. Assuming the disclosure was first received on that date and no valid emergency waiver applies, does it meet the Closing Disclosure waiting period?
Correct Answer
D) Late: it is due no later than 3 business days before closing
The Closing Disclosure must be provided no later than three business days before settlement or closing, which is the same period the federal rule sets and which Georgia restates as its own requirement. Other choices: receiving it before signing is what the three-day period exists to improve on; seven business days is the outer limit on the Loan Estimate rather than this; and an acknowledgment records delivery rather than curing a late one. Source: Ga. Comp. R. & Regs. 80-11-1-.01(2)(b)
Why This Is the Correct Answer
The Closing Disclosure must be provided no later than three business days before settlement or closing, which is the same period the federal rule sets and which Georgia restates as its own requirement. Other choices: receiving it before signing is what the three-day period exists to improve on; seven business days is the outer limit on the Loan Estimate rather than this; and an acknowledgment records delivery rather than curing a late one. Source: Ga. Comp. R. & Regs. 80-11-1-.01(2)(b)
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