Choose the One Most Appropriate Answer for Each

question 5

Multiple Choice

Choose the one most appropriate answer for each.
-to divide the ongoing income and expenses of a property between the buyer and the seller

• A)30-day month
• B)beneficiary statement
• C)CC&Rs
• D)closing date
• E)closing meeting
• F)deed delivery
• G)dry closing
• H)escrow agent
• I)escrow closing
• J)good faith estimate
• K)HUD settlement statement (HUD-1)
• L)loan escrow
• M)offset statement
• N)outside of the closing
• O)prorate
• P)RESPA
• Q)settlement meeting
• R)settlement statement
• S)title closing
• T)walk-through

---

Definitions:

Lawsuit Avoidance

Lawsuit avoidance refers to strategies and practices implemented by individuals or organizations to reduce the risk of being involved in legal disputes.

Good Image

A favorable public perception or reputation that a person, organization, or product presents to others.

Indirect Approach

A communication technique in which the main point or critical message is delivered after providing background information and building context.

Negative News

Information or announcements that are undesirable or disadvantageous, often impacting perceptions or results negatively.