Those costs incidental to a transfer of title from seller to buyer and execution of a mortgage on a property, e.g., legal and recording fees and title insurance.
closing costs
| Architecture: closing costs |
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 | Closing Costs (insurance term) |
| Purchase Price |
| Terms (business term) |
 | Are prepaids considered closing costs? Read answer... |
| What fees are included with closing costs? Read answer... |
| Can your homeowner's insurance premium be included in closing costs? Read answer... |
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 | Architecture. McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved. Read more |
Related answers
- How much are closing costs?
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Mentioned in
- Closing Costs (insurance term)
- Purchase Price
- Terms (business term)
- Good Faith Estimate
- Origination Fee (in banking)
- Acquisition Cost (business term)
- Counteroffer (business term)
- Recording Fee
- Junk Fees
- Portable Mortgage (in banking)
- Triggering Term (in banking)
- Resale Proceeds
- Good Faith (in banking)
- Total Lease Obligation (in banking)
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