No. 66. Form Of Statement Of Closing Title
Description
This section is from the book "Real Estate Principles And Practices", by Philip A. Benson, Nelson L. North. Also available from Amazon: Real Estate Principles and Practices.
No. 66. Form Of Statement Of Closing Title
TITLE TO PREMISES NO.......closed ... (date)... at......(place)....
present ....(name persons attending closing)..... Title closed by delivery of following instruments:
....................... to
..........................
MORTGAGE to
Dated .............................
Recorded .......... by ............
To be returned to ..................
Dated .............................
Recorded .......... by ............
To be returned to ..................
Terms of mortgage .......................................................
INSURANCE (insert memo. of names and details of policies, changes to be made and by whom).
STATEMENT OF ADJUSTMENTS
Cr. | Dr. | ||
Purchase price................................................................................ | ..................... | $.......... | |
Paid on signing contract............................................................. | $.......... | ||
Mortgage held by....................................................................... | $.......... | ||
Interest from........................to ..................... at .....................% | $.......... | ||
Purchase money mortgage............................................................... | $.......... | ||
Insurance....................................................................................... | ....................... | $.......... | |
Rent..................................................................................... | $.......... | (or) | $.......... |
Other items......................................................................... | $.......... | (or) | $.......... |
Total credits........................................................................... | $.......... | $.......... | |
Total debits......................................................................... | ................... | ||
Total credits brought over.................................................... | ..................... | $.......... | |
Balance paid........................................................ | ..................... | $.......... |
EXPENSES (insert memo. of fees and expenses for drawing and recording papers and by whom paid.
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