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What is a closing statement in real estate? A Complete Guide

Definition and Meaning of a Closing Statement in Real Estate

A closing statement in real estate is a crucial document that outlines the financial details of a property transaction. It serves as a comprehensive summary of all costs associated with the sale, including the purchase price, closing costs, and any adjustments made prior to closing. This document is typically prepared by the closing agent or attorney and is presented to both the buyer and seller during the closing process. The closing statement ensures transparency and provides a clear account of

By signNow's Team
By signNow's Team
December 30, 2025
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