Law Dictionary

HUD–1 settlement statement

noun \ˈhəd-ˈwən-\

Legal Definition of HUD–1 settlement statement

  1. :  a form signed at closing that sets out expenses, disbursements, and adjustments relating to the purchase of real property

Origin and Etymology of hud–1 settlement statement

Department of Housing and Urban Development (which publishes the form) + 1 (indicating its place in a sequence of such forms)

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to criticize severely

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