Closing disclosure definition

Closing disclosure means the statement of receipts and disbursements for a transaction related to real estate, including a statement prescribed under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. 2601 et seq., as amended, and the regulations thereunder.
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Closing disclosure means the combined mortgage loan disclosure statement of final loan terms and
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Closing disclosure means the Closing Disclosure, as defined in 12 C.F.R. § 1026.38, which is required to be delivered by 12 C.F.R. § 1026.19(f), effective August 1, 2015.
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Examples of Closing disclosure in a sentence

  • Pursuant to that rule the final Closing Disclosure must be received by Purchaser at least three (3) Business Days prior to the date the Purchaser becomes obligated to the mortgage loan.

  • The Purchaser acknowledges and agrees that the recorded title to the Property may be conveyed to Purchaser by a person or entity other than Seller and that the Seller on the Closing Disclosure form and settlement statement shall be Seller or its assignee regardless of the grantor’s name on the deed to grantee.

  • The Seller 62 Concession may be used for any Buyer fee, cost, charge or expenditure to the extent the amount is allowed by the Buyer’s lender 63 and is included in the Closing Statement or Closing Disclosure at Closing.

  • All such Broker Fees shall be disclosed and itemized on the Loan Estimate and on the Closing Disclosure in accordance with Applicable Requirements and Lender’s requirements; and shall be paid in accordance with this Agreement.

  • If requested by the Borrower and supported by the appraisal, such brokerage fee may be financed in the Loan principal and paid to Broker on behalf of the Borrower at or after Closing; provided, however, that in all events such compensation shall be disclosed on the Loan Estimate, andon the Closing Disclosure, in accordance with Applicable Requirements.

  • The Seller 102 Concession may be used for any Buyer fee, cost, charge or expenditure to the extent the amount is allowed by the Buyer's lender 103 and is included in the Closing Statement or Closing Disclosure at Closing.

  • When Time for Performance is delayed due to the requirements of the Closing Disclosure Rule and such delay is not solely caused through any failure of Purchaser to timely act as per the Purchaser’s lender’s requirements for loan completion then the Closing Date (as defined below) may be delayed until the Purchaser receives a revised Closing Disclosure but in no event more than five (5) business days from the original Closing Date.


More Definitions of Closing disclosure

Closing disclosure means the statement of receipts 41
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Closing disclosure means the statement of receipts 42
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Closing disclosure means the combined mortgage loan disclosure statement of final
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Closing disclosure means the combined mortgage loan disclosure statement of final loan terms and closing costs prescribed under the Real Estate Settlement Procedures Act of 1974 (RESPA) (12 U.S.C.
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Closing disclosure means the combined mortgage loan disclosure statement of final loan terms and closing costs prescribed under the Real Estate Settlement Procedures Act of 1974 (RESPA) (12 U.S.C. § 2601 et seq.) and Consumer Financial Protection Bureau Regulation X (12 C.F.R. Part 1024) and Regulation Z (12
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Related to Closing disclosure

  • Continuing Disclosure Agreement means the Continuing Disclosure Agreement, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Fiscal Officer in accordance with Section 6, which shall constitute the continuing disclosure agreement made by the City for the benefit of holders and beneficial owners of the Bonds in accordance with the Rule.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Continuing Disclosure Certificate means that certain contractual undertaking executed by the District in connection with the issuance of the Refunding Bonds pursuant to paragraph (b)(5) of Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities and Exchange Act of 1934, dated as of the date of issuance of the Refunding Bonds, as amended from time to time in accordance with the provisions thereof.