What does a closing costs table in real estate transactions typically include?

In real estate transactions, the closing costs table serves as a comprehensive breakdown of all expenses involved in the closing process for both the buyer and seller. This table is crucial as it provides transparency regarding the financial obligations that each party must meet upon the transfer of property ownership. It typically includes various costs such as title insurance, escrow fees, appraisal fees, recording fees, and any other related expenses that may arise during the closing process.

Including all costs ensures that both parties are well-informed and can prepare financially for the transaction. This is why the option indicating a table of all costs the parties will pay related to closing is the correct answer. The other options, while they touch on aspects of the closing or transaction process, do not encompass the comprehensive nature of the closing costs table, which should cover expenses incurred by both the buyer and seller rather than focusing solely on one party or unrelated items.