The American Land Title Association (ALTA) policy is an extended coverage policy that insures against many of the items excluded in the CLTA standard policy.
The standard policy in California is the California Land Title Association (CLTA) policy.
The escrow doesn’t officially close until the deed has been recorded.
Escrow instructions are the written authorization and instructions for how an escrow agent will perform in the transaction.
RESPA is administered by the Consumer Financial Protection Bureau (CFPB).
A debit is money that the buyer or seller needs to pay at closing.
The Real Estate Settlement and Procedures Act (RESPA) of 1974 was created to ensure that the buyer and seller in a residential real estate transaction have knowledge of all settlement costs.
Transaction information includes names and addresses for both the borrowers and sellers and the lender’s name.
Interest is payable in arrears.
"Accrued expenses are those expenses that the seller incurred but have not yet been billed for at the time of closing. These items are paid in arrears."
A vendee policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.
No. | Subject | Date | Views |
---|---|---|---|
Notice | 부동산 용어사전 | 2019.04.15 | 2083 |
Notice | 부동산 용어 (A to Z) | 2019.03.03 | 1335 |
351 | Chapter 8 Conclusion | 2019.03.04 | 246 |
350 | Chapter 8 Quiz | 2019.03.04 | 116 |
349 | TEST 9 | 2019.03.05 | 147 |
348 | SUMMARY 9 | 2019.03.05 | 54 |
347 | Chapter 10 | 2019.03.05 | 223 |
346 | TEST 10 | 2019.03.05 | 206 |
345 | CHAPTER 11 | 2019.03.06 | 103 |
344 | TEST 11 | 2019.03.06 | 133 |
343 | TEST 12 | 2019.03.06 | 330 |
342 | Chapter 13 Conclusion | 2019.03.07 | 89 |
341 | TEST 13 | 2019.03.07 | 128 |
340 | Chapter 14 Conclusion | 2019.03.07 | 102 |
339 | TEST 14 | 2019.03.07 | 88 |
338 | Chapter 15 Conclusion | 2019.03.07 | 422 |
337 | TEST 15 | 2019.03.07 | 99 |
336 | TEST 16 | 2019.03.10 | 147 |
335 | Chapter 17 Conclusion | 2019.03.10 | 113 |
334 | TEST 17 | 2019.03.10 | 211 |
333 | Hudson Yards | 2019.03.16 | 62 |
332 | TEST 17 | 2019.03.23 | 231 |
331 | Chapter 18 Conclusion | 2019.03.23 | 177 |
330 | TEST 18 | 2019.03.23 | 610 |
329 | Chapter 19 Conclusion | 2019.03.25 | 70 |
328 | TEST 19 | 2019.03.25 | 262 |
327 | Chapter 20 Conclusion | 2019.03.25 | 77 |
326 | TEST 20 | 2019.03.25 | 123 |
325 | Chapter 21 Conclusion | 2019.03.25 | 76 |
324 | TEST 21 | 2019.03.25 | 122 |
323 | Chapter 22 Conclusion | 2019.03.26 | 96 |
322 | TEST 22 | 2019.03.26 | 99 |