Escrow & Title
A NJ attorney conducting a real estate closing will typically review the HUD-1 or Closing Disclosure (CD) to verify that:
AThe property's zoning is correct
BAll credits, debits, prorations, and fees are accurately calculated and properly attributed to buyer and seller✓ Correct
CThe appraisal matches the purchase price
DThe home inspection has been completed
Explanation
The closing attorney or settlement agent reviews the Closing Disclosure (CD) to ensure that all financial items—including prorations, payoffs, credits, and fees—are correctly calculated and allocated between the parties.
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