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(Place mouse over lines with values, for descriptions)
Sales commission charged by the sales agent or broker. Typically shown based upon a percentage of sales price.
Used to state the split of the commission where the settlement agents disburses portions of the commission to two or more sales agents or brokers
Used to state the split of the commission where the settlement agents disburses portions of the commission to two or more sales agents or brokers
The total amount of sales commission disbursed at settlement
The total amount of sales commission disbursed at settlement
The total amount of sales commission disbursed at settlement
Used for additional charges made by the sales agent or broker
Lender/Broker Fee
Lender/Broker Fee Lender/Broker Fee
Appraisal fee if there is a separate charge for the appraisal. In this example, the appraisal is shown in the "paid outside of closing" column indicating that the Borrower/Buyer had previously paid for this item
Lender/Broker Fee
Lender/Broker Fee
Used if interest is collected at settlement for a part of a month or other period between settlement and the date from which interest will be collected with the first regular monthly payment
Used for amounts collected by the Lender from the Borrower and held in an account for future payment of the obligations listed as they fall due. It includes the time period (number of months) and the monthly assessment. In this example, hazard insurance, county property taxes and flood insurance have been collected
Aggregate Accounting - this adjustment will always be negative number or zero
Title service fee - which specifically addresses the settlement agent fee
Title service fee - which includes fees for the abstract or title search
Title service fee - which includes fees for the examination of the title. Please refer to your purchase and sale agreement to determine who pays for this item
Total cost of title insurance including both the Owners Policy and the Mortgagee (lenders) policy when applicable. Please refer to your purchase and sale agreement to determine who pays for this item
Endorsements to the title insurance policy as required by the lender
Title service fee - additional update on title to ensure that the title is clear for the borrower/buyer
Title service fee for items such as courier, copies, long distance, etc.
Governmental recording and transfer charges.
Governmental recording and transfer charges
Governmental recording and transfer charges.
Charge for new survey if applicable
Wire transfer fee if applicable
Lien search of property including items such as tax search, utilities, permit issues, etc.
Total settlement charges paid from Seller's funds. Total is also entered on line 502 in Section K
Total settlement charges paid from Seller's funds. Total is also entered on line 502 in Section K
Total settlement charges paid from Seller's funds. Total is also entered on line 502 in Section K


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