Cheat Sheet: Print this page to help yourself answer the quiz that follows - it is very important that you understand all of the issues on this form. While you will not have to fill out a complete settlement statement on the actual state examination, you will have to understand why issues are a debit or a credit to the buyer or seller. 

If taxes have been paid, then credit seller, and debit buyer. 

Listings expire on the day of closing.

Legal descriptions include lot, block, subdivision, county, city, and state.