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부동산

Check Your Understanding-Answers

  1. What is the Closing Disclosure? 

    The required form that details the costs that the buyer and seller will pay at closing. 
     
  2. What is the ultimate result of using the Closing Disclosure form? 

    The buyer will see the actual debits and credits for the purchase and know exactly how much money to bring to closing. The seller will know exactly how much he or she will receive at closing. 
     
  3. If an item is paid for in advance by the seller, how will it be handled on the settlement statement? 

    The buyer will receive a debit and the seller will receive a credit. 
     
  4. What do you call those items that have been incurred by the seller but not paid, and how will they be handled on the settlement statement? 

    These items are paid in arrears. The buyer will get a credit and the seller will get a debit.
No. Subject Date Views
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Notice 부동산 용어 (A to Z) 2019.03.03 1440
261 Chapter 9 Conclusion 2019.04.15 80
260 Chapter 9 Quiz 2019.04.15 169
259 Real Estate Practice - 21 (Understanding-Answers) 2019.04.16 64
258 Real Estate Practice - 22 (Understanding-Answers) 2019.04.16 90
257 Chapter 10 Conclusion 2019.04.16 105
256 Chapter 10 Quiz 2019.04.16 172
255 Real Estate Practice - 23 (Understanding-Answers) 2019.04.16 80
254 Real Estate Practice - 24 (Understanding-Answers) 2019.04.16 60
253 Chapter 10 Conclusion 2019.04.16 91
252 Chapter 11 Quiz 2019.04.16 231
251 Real Estate Practice - 25 (Understanding-Answers) 2019.04.26 864
250 Real Estate Practice - 26 (Understanding-Answers) 2019.04.26 71
249 융자 프로그램의 종류 2019.04.26 68
248 Real Estate Practice - 27 (Understanding-Answers) 2019.04.26 89
247 Chapter 12 Conclusion 2019.04.26 180
246 Chapter 12 Quiz 2019.04.26 287
245 Real Estate Practice - 28 (Understanding-Answers) 2019.04.26 104
244 Real Estate Practice - 29 (Understanding-Answers) 2019.04.27 70
243 Real Estate Practice - 30 (Understanding-Answers) 2019.04.27 79
242 Chapter 13 Conclusion 2019.04.27 205
241 Chapter 13 Quiz 2019.04.27 205
240 Real Estate Practice - 31 (Understanding-Answers) 2019.04.27 97
» Real Estate Practice - 32 (Understanding-Answers) 2019.04.27 86
238 Chapter Conclusion Chapter 14 2019.04.27 154
237 Chapter 14 Quiz 2019.04.27 601
236 Real Estate Practice - 33 (Understanding-Answers) 2019.04.29 99
235 Chapter 15: Using Real Estate Assistants Summary 2019.04.29 90
234 Chapter 15 Quiz 2019.04.29 163
233 Real Estate Practice - 34 (Understanding-Answers 2019.04.29 90
232 Real Estate Practice - 35 (Understanding-Answers 2019.04.29 94