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Click ‘Get Form’ to open the California Closing Settlement Statement in the editor.
Begin by entering the Seller and Buyer information, including names and addresses. Ensure accuracy for a smooth transaction.
Fill in the Sales Price for both Seller and Buyer in sections 1a and 1b. This is crucial as it sets the foundation for all subsequent calculations.
Complete the Down-payment fields (2a and 2b) to indicate how much each party is contributing upfront.
Proceed to list all Expenses in section 4a and 4b. Include Title Search, Recording Fees, Title Insurance, Attorney Fees, Notary Fee, Survey, and Commission. Be thorough to avoid discrepancies.
Calculate Total Expenses (20a and 20b) by summing up all listed expenses for both parties.
Determine Balance Less Expenses (21a) for the Seller and Balance plus Expenses (21b) for the Buyer to finalize financial obligations.
Complete Other Adjustments sections (22a/22b through 29a/29b) as necessary based on local tax prorations or special assessments.
Finally, certify that all information is true by signing at the bottom of the form before saving or sharing your completed document.
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