Which of the following loans is typically NOT subject to Regulation Z?

Regulation Z, which implements the Truth in Lending Act, is primarily designed to protect consumers in lending transactions related to personal, family, or household purposes. Loans that fall outside of this scope are generally not governed by Regulation Z.

A loan for a commercial building is considered a business purpose loan. Because it is intended for a commercial use rather than personal consumption, it does not fall under the purview of Regulation Z. In contrast, personal loans for cars, home equity lines of credit, and personal loans for home improvements are all aimed at individual consumers and their personal financial needs, making them subject to the protections and disclosure requirements set by Regulation Z.

This understanding helps clarify that loans intended for commercial purposes, like the one for a commercial building, are distinct from consumer-oriented loans and thus are not regulated by the same set of consumer protections.