Which of the Following Is a Recurring Closing Cost

question 12

Multiple Choice

Which of the following is a recurring closing cost?

• A) Fire insurance
• B) Recording fees
• C) Notary fees
• D) Appraisal fee

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Definitions:

Law Enforcement

Governmental agencies and officers responsible for the prevention, detection, and investigation of crimes, and the apprehension of criminals.

Warrant

A legal document issued by a judicial officer that allows for certain actions, such as the search of a premises or the arrest of an individual.

Fifth Amendment

An amendment to the U.S. Constitution that guarantees several protections for individuals, including the right against self-incrimination and the right to due process.

Double Jeopardy

A legal principle that prevents an individual from being tried twice for the same crime, ensuring protection against multiple prosecutions.