Washington State Real Estate Practice Exam 2026 - Free Real Estate Practice Questions and Study Guide

The statement is false because the closing disclosure must be provided to the borrower at least three business days before the closing meeting, not exclusively at that meeting. This requirement is in place to ensure that buyers have sufficient time to review the terms of their loan and understand their costs in advance of closing. The timing allows them to ask questions or raise any concerns they may have about the closing documents.

This requirement stems from federal regulations designed to promote transparency and protect consumers in real estate transactions. Therefore, saying that it is only provided at closing is incorrect, as it undermines the purpose of giving borrowers adequate time for review and understanding before they finalize their commitment.