| Question | Answer |
| Who recieves credit? | Seller |
| Selling terms include price of property, buyer's deposit, and _____ | Down Payment |
| How many steps does the closing process have? | 6 |
| What is step 6 of the closing process? | Record Final transaction |
| Who pays debit? | Buyer |
| What does prorated mean? | Agreement over who gets what house items |
| How long is the closing window? | 60 days |
| What is step 1 of the closing process? | Confirm |
| A closing statement icludes selling terms, closing costs, prorations, charges and a ______ statement | Settlement |