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Exam term

Escrow fee

The closing agent's charge for handling the escrow, allocated between the parties as the contract provides, such as one-half each under the TREC resale contract.

Lessons that use this term

  • Settlement math: prorations, debits and credits, net to seller, cost to buyer, and closing fees Texas

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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