Escrow & Title
The Oregon SellerNet Transaction Record is best described as:
AA multiple listing service platform
BA document tracking net proceeds to the seller from a real estate transaction✓ Correct
CA state-required form for disclosing environmental hazards
DThe Oregon equivalent of the federal Closing Disclosure
Explanation
The SellerNet (or seller's net sheet) is a document prepared by the broker or escrow officer that estimates the seller's net proceeds from the sale after accounting for the payoff of existing loans, closing costs, commissions, and prorations.
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