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Where should separate charges to the seller for the preparation of deeds or a closing charge be disclosed on the HUD-1?

April 26, 2017charge Charges closing Deeds disclosed hud-1 seller separate

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Where should separate charges to the seller for the preparation of deeds or a closing charge be disclosed on the HUD-1?

1 Answer

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10 Posted

Separate charges to be paid by the seller for settlement services that are not included in the definition of title services for the borrower must be disclosed on a blank line in the 1100 series on the HUD-1 in the sellers column.