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Dictionary


clos'ing costs"



Real Estate.
1. fees charged to a purchaser by a bank, lawyer, etc. for services related to a sale, as title search, appraisal, etc.
2. any expenses over the purchase price of a house, land, etc., that is paid by the purchaser or seller at the completion of the sale.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

closingclosing price

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