Closing Agent/Attorney Financial Glossary

What is it? A closing agent or attorney assures that all documentation related to the sale of a house has been completed properly, including the title search and title insurance. The closing agent explains all closing documents to the buyer and the seller, obtains their signatures where necessary and records the documents.

Finance Term Definition Added By: Mackenzie

The Closing Agent/Attorney definition has been viewed 3188 Time(s)!

Send To Friends!

If you'd like to send the Closing Agent/Attorney definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Closing Agent/Attorney. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Rally is An increase in the price of a stock or the level of the market.

Financial Term HSW is Hold / switch

Financial Term Net asset value is The total value of an organisations assets, less its liabilities and capital charges.

Financial Term Depreciation is A tax deduction representing a reasonable allowance for exhaustion, wear and tear, and obsolescence, that is taken by the owner of the equipment and by which the cost of the equipment is allocated over time. Depreciation decreases the companys balance sheet assets and is also recorded as an operating expense for each period. Various methods of depreciation are used which alter the number of periods over which the cost is allocated and the amount expensed each period.

Financial Term Financial Year is Our financial year starts on 1 April and ends on 31 March.