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Simple English definitions for legal terms

house closing

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A quick definition of house closing:

House Closing: The last step in buying or selling a house. It's when the ownership of the house is officially transferred from the seller to the buyer. This happens after both parties have followed all the rules in their agreement and the deed has been recorded.

A more thorough explanation:

A house closing is the last step in buying or selling a house. It's when the ownership of the house is officially transferred from the seller to the buyer. This happens after both parties have met all the terms of their agreement and the deed has been recorded.

After months of searching, John found his dream home. He made an offer, and the seller accepted it. They both signed a contract that outlined the terms of the sale. John had to get a mortgage, and the seller had to make some repairs. Once everything was done, they scheduled a house closing. At the closing, John paid the seller, and the seller gave John the keys to the house. The ownership of the house was officially transferred to John.

Another example could be:

Mary decided to sell her house. She found a buyer who made an offer, and she accepted it. They signed a contract that outlined the terms of the sale. The buyer had to get a mortgage, and Mary had to move out. Once everything was done, they scheduled a house closing. At the closing, the buyer paid Mary, and Mary gave the buyer the keys to the house. The ownership of the house was officially transferred to the buyer.

These examples illustrate the definition of house closing because they show the final step in a real estate transaction. The ownership of the house is officially transferred from the seller to the buyer, and both parties have met all the terms of their agreement. The deed is recorded, and the transaction is complete.

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1a2b3c4d26z
19:10
Inside thoughts!
19:10
this is where I post my inside thoughts
19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
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