Exam term
Debit
A settlement entry charging a party, such as the price charged to the buyer or the seller's share of unpaid taxes.
Lessons that use this term
- Escrow in California: instructions, the escrow holder, closing, and prorations California
- Prorations: 365-day and 360-day methods Florida
- Closing costs, transfer and mortgage recording taxes, and prorations New York
- Settlement and closing the transaction Texas
- Settlement math: prorations, debits and credits, net to seller, cost to buyer, and closing fees Texas