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    Closing Costs
     
    Definition of Closing Costs:

    Expenses of the sale which must be paid in addition to the purchase price (in the case of the buyer's expenses), or be deducted from the proceeds of the sale (in the case of the seller's expenses).
    See other term definitions:
  • Definition of Metes And Bounds
  • Definition of Cantilever
  • Definition of Raw Land
  • Definition of Improvements
  • Definition of Negative Cash Flow

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