Sample Closing Statement Examples

State:
Texas
Control #:
TX-CLOSE3
Format:
Word; 
Rich Text
Instant download

Description

The Closing Settlement Statement is a critical document used in real estate transactions to outline the financial details between the seller and buyer. It includes sections for the sales price, down-payment, and overall expenses related to the transaction, which are clearly divided for both parties. Key features of the form include notations for title searches, recording fees, title insurance, attorney fees, notary fees, and commissions, providing a comprehensive overview of costs involved. Users are instructed to fill in the specific data for each category to ensure accuracy and transparency. Filling this form accurately is essential for both parties to confirm the financial elements of the sale and ensure smooth closing. It serves as a vital checklist for attorneys, partners, owners, associates, paralegals, and legal assistants, streamlining their efforts in managing real estate deals. The form also allows for detailed adjustments, ensuring all taxes and potential assessments are accounted for appropriately. Proper completion is mandatory for legal compliance and facilitates a clear understanding between both the seller and buyer in the transaction.
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Summarize your evidence and how it relates to the law ? Make reference to the evidence you presented to the court such as witness statements or documents that show the points you are trying to prove. Address any arguments by the other party- If you can show how their points do not apply to you, do so.

Tell the jury what you want ?For these reasons, after you have heard all the evidence, at the end of this trial we will ask you to return a verdict in favor of Landry Lopez.? ?At the end of the trial the State of Oregon will ask you to find the Defendant guilty of . . .?

Summarize your evidence and how it relates to the law ? Make reference to the evidence you presented to the court such as witness statements or documents that show the points you are trying to prove. Address any arguments by the other party- If you can show how their points do not apply to you, do so.

The closing statement should also detail the purchase price of the home, deposits paid by the buyer, and seller credits. Prorated amounts. If a buyer or seller is paying prorated amounts toward property taxes or homeowners association (HOA) fees, then these also would be included on the closing statement.

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Sample Closing Statement Examples