Instructions
Closing the Real Estate Transaction
Choose four terms or concepts that might be used during a
Real Estate closing. Write a formal, 6 – 10 page APA formatted
research paper explaining the meaning of each term, why it is
important, to whom it is important (buyer, seller, real estate
agent, closing agent, or lender). List any important issues and
concerns or advantages and disadvantages. The Real Estate terms
used should illustrate the field’s current terminology.
Some examples of such terms include HUD-1, escrow closing,
deed, note, mortgage, marketable title, title search, binder, deed
of trust, warranty or other deeds, closing costs, prorated prepaid
expenses, transfer tax, etc.Within the paper, the student should
include a discussion around career opportunities that exist in the
real estate industry and the personal, educational, experiential
and licensing requirements that pertain to each.
Three references are required.
Use a header on every page, including the title page. The header
should be formatted according to APA guidelines.
A title page with the title, author, class, class section,
professor, and date should be on the title page, centered on the
page. This title page does NOT count toward your 6 to 10 page
requirement.
Margins are one inch on all sides.
All content is double-spaced and left-justified.
Indent the first line of every paragraph five spaces or use
the TAB key. Do not leave extra space between paragraphs.
Use Times New Roman 12 point font.
An Executive Summary is required.
References page must be a separate page at the end of the
paper.
Use APA style guidelines for the paper, including all
references and other writing.
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