closing costs

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clos′ing costs`


n.pl.
various charges, as for title search paid by the buyer or seller of real property when the sale is executed.
References in periodicals archive ?
The country's energy officials have admitted in a plenary debate in Congress that there is no specific provision in the Electric Power Industry Reform Act (EPIRA) allowing pass-on of the P63 billion settlement cost on a case it lost against the National Power Corporation's Drivers and Mechanics Association or what is now widely known as the DAMA case.
For perspective, the settlement cost for the past two years is roughly equal to 10 percent of what the board is projected to cut, all told, for the fiscal year that starts July 1.
Other factors affecting the financial year 2011 results include the agreement with Rolls-Royce regarding the QF32 incident, which has a full settlement cost of AUD95m, as well as weather events and natural disasters which have a financial impact of AUD206m.
The first element in each cell denotes the settlement cost of Bank A, whereas the second element denotes that of Bank B.
Aladdin will reflect the settlement cost as a one-time charge.
Major features of the proposal involve what the agency calls "significant" improvements in the Good Faith Estimate settlement cost disclosure and removal of regulatory barriers to facilitate the use of Guaranteed Mortgage Packages that help borrowers find mortgages at the most competitive price.
To facilitate the Congress's study of the central issues of reform, our report focuses on four broad policy questions concerning closed-end home-secured loans: the effectiveness of the finance charge and the APR (a TILA question), the reliability of settlement cost disclosures (a RESPA question), the timing of disclosures (both), and substantive protections to target abusive lending practices (both).
The index impacts settlement costs, with higher index values denoting a reduction in the settlement cost environment.
The loss adjustment is calculated by comparing the total contract price with the estimated cost at completion (that is, total cost incurred before the termination, plus the estimated costs to complete the contract if the termination had not occurred): The allowable termination settlement cost then is computed by multiplying the loss adjustment factor by the allowable costs incurred by the contractor excluding settlement costs:
The index is also known to affect settlement costs with higher index values denoting a reduction in the settlement cost environment.
The Index is known to affect settlement costs with higher index values denoting a reduction in the settlement cost environment.
Higher index values indicate a reduction in the settlement cost environment.