What type of disclosure does CRESPA mandate be given in bold-face type?

The correct choice highlights the requirement that a specific type of disclosure be provided regarding the transaction, as mandated by the Commercial Real Estate Settlement Procedures Act (CRESPA). This act is designed to ensure transparency in real estate transactions, particularly in commercial real estate. The law mandates that certain disclosures, especially those that contain critical information about the terms, conditions, or consequences of the transaction, must be highlighted in bold-face type to ensure that they are easily identifiable and understandable by all parties involved.

This requirement aims to protect consumers by ensuring they are fully aware of what they are agreeing to in a transaction. Providing disclosures in bold-face type serves to draw attention to vital information that may otherwise be overlooked in the standard text. Such clarity is essential for maintaining a fair and transparent real estate market.

The other options do not accurately reflect the fundamental disclosure requirements established by CRESPA. For example, the size of the letterhead or the timeframe for providing the disclosure does not address the core component of what must be disclosed in a standout manner.