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Choose the One Most Appropriate Answer for Each

Question 3

Multiple Choice

Choose the one most appropriate answer for each.
-statement by an owner or lienholder as to the balance due on an existing lien against the property


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:

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