Saturday, March 01, 2008

query: does seller get a copy of the HUD-1 statement

Yes. Each party should have a fully executed copy of the HUD-1.

2 comments:

Doug Miller said...

Just clarification. Seller gets a copy of an executed Seller-side HUD-1. Seller is not entitled to a buyer's side HUD as far as I know... We see a lot of transactions in Minnesota where each side only gets a copy of their side of the HUD.

Diane Cipa said...

Thanks, Doug. Most folks give copies with both sides here in our area. A few law offices give split copies.