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In this tutorial, Tiffany Weber, a real estate lawyer, explains how to read a settlement statement, commonly referred to as a closing disclosure, in a real estate closing. This standard five-page document is typically provided by lenders to borrowers during residential loans. The closing disclosure contains essential information about the loan, including the identification of the parties involved (seller and buyer) and property details at the top of page one. Tiffany emphasizes the importance of understanding this document and encourages viewers to subscribe for more videos explaining the closing process.