CLOSING COSTS

closing costs.Real estate. The expenses that must be paid, usu. in a lump sum at closing, apart from the purchase price and interest. [Blacks Law 8th]

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CLOSING ARGUMENT

closing argument.In a trial, a lawyer’s final statement to the judge or jury before deliberation begins, in which the lawyer requests the judge or jury to consider the evidence and to apply the law in his or her client’s favor. • After a jury trial, the judge ordinarily instructs the jury on the law that…

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CLOSING

closing. The final meeting between the parties to a transaction, at which the transaction is consummated; esp., in real estate, the final transaction between the buyer and seller, whereby the conveyancing documents are concluded and the money and property transferred. — Also termed settlement. [Blacks Law 8th]

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CLOSE NOMINATIONS

close nominations.Parliamentary law. To end nominations from the floor by passing a motion. [Blacks Law 8th]

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