Closing statement

A document prepared by a closing Agent describing a Real estate Transaction, including the Escrow deposits for taxes, Commission, Loan fees, Point, Hazard insurance, and Mortgage insurance. also called HUD-1 statement or Settlement sheet.

Related Terms: 26 Agent, Action, Commission, Call, CLO, CLU, Closing, Closing agent, Escrow, Hazard insurance, HUD-1 statement, HUD, Insurance, Inc., ITS, Loan, Mortgage, Point, Points, Real, Real estate, Settlement, Settle, Settlement sheet, Transaction, Tax

Other Related Pages: Category: Taxes Starting With: C

Additional Related Terms: 12b-1 funds, Account statement, Allowance for depreciation, Agent bank, Above par, After-tax basis, At par, Agent, All or any part, At best