#1956
When charges are calculated, the charges in a real estate transaction that are payable by or to a party to the closing will be found in the Truth In Lending Statement (TILA).
Is this fact true or false ?
Please take your time. The solution is posted below the wildlife photo.
A. False
The charges that are payable by or to a party in a real estate transaction will show up in USS or the Uniform Settlement Statement.
The Uniform Settlement Statement is the document which will show all of the closing costs payable by or to each party involved in the real estate transaction.
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