David Saks: September 2011

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 1292

                                                      #1292

When a settlement statement has been prepared the purchase price of the property will always be shown as a a debit to the seller and a credit to the buyer.

Is this fact true or false ?

Please take your time. The solution is posted below the wildlife photo.

wildlife

A. False

The opposite is true.

The purchase price of the property will be shown as a debit to the buyer and a credit to the seller on the settlement statement.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • September 05 2011 02:22AM
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