Escrow & Title
Which of the following would be found on a Closing Disclosure but NOT in a listing agreement?
AThe legal description of the property
BProrated property taxes as a buyer credit✓ Correct
CThe listing price of the property
DThe seller's and buyer's names
Explanation
Prorated property taxes as a credit or debit appear on the Closing Disclosure because they represent the allocation of costs between buyer and seller at settlement. A listing agreement sets the listing price and broker compensation but does not address closing prorations.
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