Which Is an Example of a "Buyer Pays" Closing Cost

question 1

Multiple Choice

Which is an example of a "buyer pays" closing cost?

• A) appraisal fee
• B) prepayment fee
• C) documentary transfer tax
• D) real estate commission

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Definitions:

Then

At that time or subsequently.

Buy

To acquire something by paying for it; the act of purchasing.

Assertive

Characterized by confident and forceful behavior, often in expressing one's opinions or defending one's rights without being aggressive.

White Lead

A toxic chemical compound previously used in paint and cosmetics until its use was restricted due to health concerns.