TAILIEUCHUNG - Gale Encyclopedia Of American Law 3Rd Edition Volume 9 P16

Gale Encyclopedia of American Law Volume 9 P16 fully illuminates today's leading cases, major statutes, legal terms and concepts, notable persons involved with the law, important documents and more. Legal issues are fully discussed in easy-to-understand language, including such high-profile topics as the Americans with Disabilities Act, capital punishment, domestic violence, gay and lesbian rights, physician-assisted suicide and thousands more. | 1 38 SETTLEMENT STATEMENT Settlement Statement L. Settlement Charges 700. Total Sales Broker s Commission based on price @ Paid From Borrowers Funds at Settlement Paid From Seller s Funds at Settlement Division of Commission line 700 as follows 701. to 702. to 703. Commission paid at Settlement 704. 800. Items Payable In Connection With Loan 801. Loan Origination Fee 802. Loan Discount 803. Appraisal Fee to 804. Credit Report to 805. Lender s Inspection Fee 806. Mortgage Insurance Application Fee to 807. Assumption Fee 808. 809. 810. 811. 900. Items Required By Lender To Be Paid In Advance 901. Interest from to @ day 902. Mortgage Insurance Premium for months to 903. Hazard Insurance Premium for years to 904. years to 905. 1000. Reserves Deposited With Lender 1001. Hazard insurance months@ per month 1002. Mortgage insurance months@ per month 1003. City property taxes months@ per month 1004. County property taxes months@ per month 1005. Annual assessments months@ per month 1006. months@ per month 1007. months@ per month 1008. months@ per month 1100. Title Charges 1101. Settlement or closing fee to 1102. Abstract or title search to 1103. Title examination to 1104. Title insurance binder to 1105. Document preparation to 1106. Notary fees to 1107. Attorney s fees to includes above items numbers 1108. Title insurance to includes above items numbers 1109. Lender s coverage 1110. Owner s coverage 1111. 1112. 1113. 1200. Government Recording and Transfer Charges 1201. Recording fees Deed Mortgage Releases 1202. City county tax stamps Deed Mortgage 1203. State tax stamps Deed Mortgage 1204. 1205. 1300. Additional Settlement Charges 1301. Survey to 1302. Pest inspection to 1303. 1304. 1305. 1400. Total Settlement Charges enter on lines 103 Section J and 502 Section K form HUD-1 3 86 Previous editions are obsolete ref Handbook A sample settlement statement continued . ILLUSTRATION BY GGS CREATIVE RESOURCES. REPRODUCED BY PERMISSION OF GALE A PART OF CENGAGE LEARNING. .

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