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closing costs

American  

plural noun

Personal Finance.
  1. fees charged to a purchaser by a bank, lawyer, etc. for services related to a sale, as title search, appraisal, etc.

  2. any expenses over the purchase price of a house, land, etc., that is paid by the purchaser or seller at the completion of the sale.


Example Sentences

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With all the donations, the San Bernardino Mountains Land Trust can purchase the parcel, as well as cover closing costs, taxes, legal fees and some maintenance of the land.

From Los Angeles Times Jul. 24, 2026

That might involve paying her closing costs on a new home, or hiring and paying contractors for home improvements on her current property.

From MarketWatch May 9, 2026

“Enjoy limited-time incentives like paid closing costs and exceptional financing options!”

From Slate Apr. 20, 2026

The most common incentive sellers offer to attract buyers is assistance with closing costs.

From MarketWatch Apr. 3, 2026

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove

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