RE-121 Chapter 12 Crossword Puzzle PDF

RE-121 Chapter Twelve Crossword Puzzle Closing Real Estate Transactions 1 2 3 5 9 4 6 7 10 8 11 12 ACROSS DOWN 3 Settlement Statement. A standardized form in which creditors or their closing agents itemize all charges imposed on buyers and sellers in real estate transactions. 5 Abbreviation for Real...

RE-121 Chapter Twelve Crossword Puzzle Closing Real Estate Transactions 1 2 3 5 9 4 6 7 10 8 11 12 ACROSS DOWN 3 Settlement Statement. A standardized form in which creditors or their closing agents itemize all charges imposed on buyers and sellers in real estate transactions. 5 Abbreviation for Real Estate Settlement Procedures Act. 7 A charge payable to a party. 9 A payment made to a professional person or to a professional or public body in exchange for advice or services. 10 This allows sellers to stay in their home until a specified date past closing. 12 To divide and allocate an expense proportionately, according to time, interest, or benefit determining what share of it a particular party is responsible for. 1 The process of locating and measuring a property's boundary lines to determine the exact amount of land that a homeowner owns. 2 A bureau of the Department of Treasury that is tasked with the enforcement of income tax laws and oversees the collection of federal income taxes. 4 A charge payable by a party. 6 Escrow _____. A third party who holds money and documents in trust and carries out the closing process. Also called a closing agent. 8 This refers to money held by a third party on behalf of transacting parties. 11 The per ____ (daily) rate. WORD BANK: Agent, credit, debit, diem, escrow, fee, hud-1, irs, prorate, rent-back, respa, survey.