Chap 14 Flashcards
1
Q
5 task that needs to be completed before closing
A
Inspection
Appraisal
Closing of contract
Loan application
Contingencies
2
Q
What document provides the final details loan terms, fees and closing cost
A
Closing Disclosure
3
Q
Expenses and receipts (debits&credits) that are divided proportionately between buyer and seller
A
Prorations
4
Q
Who pays for the documentary stamp tax on deed
A
Seller
5
Q
A
6
Q
A
