Meaning Closing/settlement
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Closing/settlement


The final step in the sale of a home where all required documents are signed, funds are disbursed and keys to the home are transferred to the new owner. In some cases, both the buyer and seller (and their representatives) will meet together, perhaps with an attorney or other settlement official as required by state law. A "split" [..]
Source: yourhome123.com (offline)




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