Multiple Choice
Choose the one most appropriate answer for each.
-the moment at which title passes from the seller to the buyer
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
Q49: Choose the one most appropriate answer for
Q50: If an existing escrow is to be
Q51: The final inspection of the property just
Q52: Choose the one most appropriate answer for
Q53: In some states, the use of a
Q55: A settlement statement, also called a _
Q56: An accounting of funds to the buyer
Q57: The purpose of a settlement statement is
Q58: Choose the one most appropriate answer for
Q59: Which of the following may serve as