According to the Truth in Lending Act (TILA), a dwelling includes which of the following?

Under the Truth in Lending Act (TILA), a dwelling is defined as any residential structure that includes one to four units, such as an individual condominium unit, single-family home, or townhouse. This definition also includes mobile homes or manufactured homes, as long as they are used as residences.

Unimproved lots (A) are not considered dwellings because they lack a residential structure.

A six-unit apartment complex (B) exceeds the limit of four units for a dwelling under TILA.

Timeshares (D) are typically considered non-residential and do not meet the TILA definition of a dwelling.

References:

Truth in Lending Act (TILA), 12 CFR §1026.2(a)(19)

CFPB Guidelines on TILA’s definition of a dwelling