Multiple Choice
Choose the one most appropriate answer for each.
-when seller and buyer meet in person to close a real estate transaction
A) 30-day month
B) beneficiary statement
C) CC&Rs
D) closing date
E) closing meeting
F) deed delivery
G) dry closing
H) escrow agent
I) escrow closing
J) good faith estimate
K) HUD settlement statement (HUD-1)
L) loan escrow
M) offset statement
N) outside of the closing
O) prorate
P) RESPA
Q) settlement meeting
R) settlement statement
S) title closing
T) walk-through
Correct Answer:

Verified
Correct Answer:
Verified
Q15: A(n)_ statement is a statement by an
Q16: RESPA prohibits _ and fees for services
Q17: The home was sold on July 18.
Q18: During a "dry closing" the money is
Q19: In most states in which title transfers
Q21: In a typical closing, insurance prorations will
Q22: How many days are normally needed to
Q23: RESPA prohibits the seller from requiring that
Q24: Choose the one most appropriate answer for
Q25: A couple buys a house complete with