The HUD-1 Settlement Statement is a document used by the closing or escrow agent in a real estate transaction to provide the home buyer and seller with an itemized list of all charges and funds involved for both parties. The use of the HUD-1 is required in the US for all homes involving a federally-related mortgage.

The left side of the HUD-1 Settlement Statement outlines charges and credits to the buyer, while the right side outlines charges and credits to the seller.

View a sample HUD-1 Settlement Statement.