Cheat Sheet: Print this page to help yourself answer the quiz that follows - it is very important that you understand all of the issues on this form. While you will not have to fill out a complete settlement statement on the actual state examination, you will have to understand why issues are a debit or a credit to the buyer or seller.
Settlement Date | Buyer's Statement | Seller's Statement: | ||
Closing Date: | Debit | Credit | Debit | Credit |
Sales Price | x | x | ||
Seller's Loan | x | |||
Seller's Interest | x | |||
Seller's Prepayment | x | |||
Commission | x | |||
Other Seller's Charges** | x | |||
Earnest Money | x | |||
Buyer's Loan - New | x |
If taxes have been paid, then credit seller, and debit buyer.
Listings expire on the day of closing.
Legal descriptions include lot, block, subdivision, county, city, and state.
No. | Subject |
---|---|
102 | Wrranty Deed는 여섯 가지의 Covenant을 포함 |
» | Settlement-Statement Worksheet |
100 | TEST 27 |
99 | Chapter 27 Conclusion |
98 | TEST 26 |
97 | Chapter 26 Conclusion |
96 | TEST 25 |
95 | Chapter 25 Conclusion |
94 | TEST 24 |
93 | Chapter 24 Conclusion |
92 | TEST 23 |
91 | Chapter 23 Conclusion |
90 | TEST 22 |
89 | Chapter 22 Conclusion |
88 | TEST 21 |
87 | Chapter 21 Conclusion |
86 | TEST 20 |
85 | Chapter 20 Conclusion |
84 | TEST 19 |
83 | Chapter 19 Conclusion |