This Buyer Closing Statement (the “Statement”) is issued on the _______ (date), in relation to the purchase of the asset described below:

Transaction Details:

  • Buyer: [Full Name or Company Name]
  • Seller: [Full Name or Company Name]
  • Asset: [Description of Asset (e.g., Vessel, Yacht, Property, etc.)]
  • Asset ID/Serial Number: [Identification Number, if applicable]
  • Location of Asset: [Location Address]
  • Purchase Price: $[Total Purchase Price]
  • Closing Date: [Date of Closing]

1. TRANSACTION SUMMARY

Description Amount ($)
Purchase Price [Insert Amount]
Escrow Deposit [Insert Amount]
Other Buyer Credits (if any) [Insert Amount]
Total Buyer Funds Due at Closing [Insert Amount]

2. PAYMENTS MADE

Description Amount ($) Payment Method
Earnest Money Deposit [Insert Amount] [Insert Method (e.g., Wire Transfer, Check, etc.)]
Down Payment [Insert Amount] [Insert Method]
Additional Deposit (if applicable) [Insert Amount] [Insert Method]
Total Payments Made by Buyer [Insert Amount] [Insert Total]

3. CREDITS AND ADJUSTMENTS

Description Amount ($)
Seller Credit for Repairs [Insert Amount]
Prorated Taxes (e.g., property tax or VAT) [Insert Amount]
Prorated Insurance (if applicable) [Insert Amount]
Seller’s Refund for Excess Fees [Insert Amount]
Other Adjustments (if any) [Insert Amount]

4. CLOSING COSTS PAYABLE BY BUYER

Description Amount ($)
Broker’s Commission (Buyer’s share, if applicable) [Insert Amount]
Title and Registration Fees [Insert Amount]
Survey/Inspection Fees [Insert Amount]
Closing Agent Fees [Insert Amount]
Transfer Tax/Stamp Duty [Insert Amount]
Insurance Costs [Insert Amount]
Escrow Fees [Insert Amount]
Other Buyer Closing Costs [Insert Amount]

5. FINAL AMOUNT DUE FROM BUYER

Description Amount ($)
Total Buyer Funds Due at Closing [Insert Amount]
Less Total Payments Made by Buyer [Insert Amount]
Less Credits and Adjustments to Buyer [Insert Amount]
Remaining Balance Due from Buyer at Closing [Insert Amount]

6. FINAL PAYMENT DETAILS

Payment Method Amount ($)
Final Payment Due [Insert Amount]
Payment Method (e.g., Wire Transfer, Check) [Insert Method]

7. ACKNOWLEDGEMENT OF CLOSING

The undersigned Buyer hereby acknowledges receipt of this Buyer Closing Statement and agrees to the amounts and terms listed herein.

Buyer’s Signature: ______________________
Name (Printed): ________________________
Date: _________________________________

Seller’s Signature (Optional for Acknowledgement): ______________________
Name (Printed): ________________________
Date: _________________________________

8. CONTACT INFORMATION FOR CLOSING AGENT

For any inquiries regarding this Closing Statement, please contact the closing agent at:

  • Closing Agent Name: [Full Name]
  • Company Name: [Company Name]
  • Phone: [Phone Number]
  • Email: [Email Address]

This Buyer Closing Statement serves as a detailed financial summary for the buyer at the time of closing the transaction. It clarifies all payments, credits, adjustments, and costs associated with the sale of the asset.