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| Closing CostsThe expenses incurred in obtaining the property and transferring title to the new owner. This may include, but is not limited to attorneys fees, points, title charges, credit report fee, document preparation fee, mortgage insurance premium, inspections, survey, appraisals, prepayments for property taxes, deed recording fee, and homeowners insurance. See also:CapCertificate of OccupancyCertificate of TitleClear TitleClosingClosing CostsCo-op ownershipCode of EthicsCommitment LetterCommon AreasCondominiumConforming LoanConstruction LoanContingencyConventional loanConventional mortgageConvertible ARMConveyanceCooperative ownershipCounterofferCovenantCredit RatingCredit ReportCredit Report Fee |
