final closing statement

  • 1closing statement — Written analysis of closing (i.e. final steps) of real estate transaction setting forth purchase price less deductions for such items as mortgage payoff, tax adjustments, etc. and adding credits to arrive at net amount due seller. Detailed… …

    Black's law dictionary

  • 2closing statement — Written analysis of closing (i.e. final steps) of real estate transaction setting forth purchase price less deductions for such items as mortgage payoff, tax adjustments, etc. and adding credits to arrive at net amount due seller. Detailed… …

    Black's law dictionary

  • 3closing argument — n: the final address to the jury by the attorney for each side of a case in which the attorney usu. summarizes the evidence and his or her client s position – called also closing statement, final argument, summation, summing up; ◇ Rule 29.1 of… …

    Law dictionary

  • 4closing — ▪ I. closing clos‧ing 1 [ˈkləʊzɪŋ ǁ ˈkloʊ ] noun 1. [countable, uncountable] when a shop or company stops operating permanently: • The risk of injury did not justify the closing of the factory. • The firm has announced a series of short term… …

    Financial and business terms

  • 5closing — As regards sale of real estate, refers to the final steps of the transaction whereat the consideration is paid, mortgage is secured, deed is delivered or placed in escrow, etc. Such closings, which normally take place at a bank or savings and… …

    Black's law dictionary

  • 6closing — As regards sale of real estate, refers to the final steps of the transaction whereat the consideration is paid, mortgage is secured, deed is delivered or placed in escrow, etc. Such closings, which normally take place at a bank or savings and… …

    Black's law dictionary

  • 7Closing (real estate) — Closing (or settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the parties consummate …

    Wikipedia

  • 8Closing argument — For the racehorse, see Closing Argument (horse). A closing argument, summation, or summing up is the concluding statement of each party s counsel (often called an attorney in the United States) reiterating the important arguments for the trier of …

    Wikipedia

  • 9final meeting — The meeting of creditors in a bankruptcy proceeding, to be held, as ordered by the court, whenever the affairs of the estate are ready to be closed, wherein there shall be considered the trustee s statement of his administration of the estate,… …

    Ballentine's law dictionary

  • 10Double closing — A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor (middleman), and the final buyer. The underlying reasons for having a double closing vary. The most… …

    Wikipedia