Closing Documents

Closing documents are the final paperwork required when completing a real estate transaction. They include important agreements, like the sales contract and mortgage documents, as well as disclosures about the property's condition and financial details. These documents ensure that both the buyer and seller understand their rights, responsibilities, and the terms of the sale. During closing, these documents are reviewed, signed, and exchanged, officially transferring ownership of the property. It's a crucial step to ensure that everything is legally binding and that all financial obligations are settled.