Escrow & Title
At a Vermont closing, who typically prepares the HUD-1 settlement statement or Closing Disclosure?
AThe buyer's real estate agent
BThe closing attorney or settlement agent, based on lender instructions and transaction details✓ Correct
CThe Vermont Real Estate Commission
DThe seller's broker
Explanation
In Vermont attorney closings, the closing attorney (acting as settlement agent) prepares the Closing Disclosure or settlement statement, allocating all costs and credits to buyer and seller per the purchase contract, lender instructions, and applicable regulations.
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