Legal Dictionary
Main Entry:
HUD–1 settlement statementPronunciation:
'h&d-'w&n-Function:
nounEtymology: Department of
Housing and
Urban
Development (which publishes the form) +
1 (indicating its place in a sequence of such forms)
: a form signed at closing that sets out expenses, disbursements, and adjustments relating to the purchase of real property
