Multiple Choice
Choose the one most appropriate answer for each.
-a list of anticipated closing costs given to the borrower by the lender as required by RESPA
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
Q23: RESPA prohibits the seller from requiring that
Q24: Choose the one most appropriate answer for
Q25: A couple buys a house complete with
Q26: During a "dry closing" the deed is
Q27: The division of ongoing expenses and income
Q29: Under the provisions of RESPA payments outside
Q30: According to the Real Estate Settlement and
Q31: A disinterested party representing both buyer and
Q32: Choose the one most appropriate answer for
Q33: Of the following, the final action to