Contracts
Vermont's 'closing cost allocation' between buyer and seller is determined by:
AVermont law only
BNegotiation between the parties as reflected in the purchase contract, with some costs customary to one side✓ Correct
CVREC uniform schedule
DFederal law exclusively
Explanation
Closing cost allocation is primarily a matter of negotiation between buyer and seller in Vermont, though some costs are customarily paid by one party (e.g.
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