Question

A closing disclosure form typically includes all of the following EXCEPT

A. apportionment of any rent payments as of the date of closing.

B. breakdowns for attorney's and broker's fees.

C. breakdowns for taxes, utilities, and rent.

D. seller's income tax withholding.

Answer 1

A closing disclosure form typically includes several elements, but it does not include seller's income tax withholding. So, the correct answer is option D.

Step-by-step explanation:

A closing disclosure form typically includes several elements, but one thing it does not include is seller's income tax withholding.

A closing disclosure is a document that provides a detailed breakdown of all the financial aspects of a real estate transaction, including the costs and fees involved.

In addition to the items listed in the options, a closing disclosure form typically includes information about the loan terms, the amount of the loan, the interest rate, and the total amount due at closing.

So, the correct answer is option D.