Which document provides a detailed financial accounting of a real estate transaction?

A closing statement is the document that provides a detailed financial accounting of a real estate transaction. This statement outlines all the financial details involved in the closing process, including the sale price, earnest money, loan payoffs, closing costs, and other related fees. It serves as a final review of all charges and credits that both the buyer and seller incur during the transaction, ensuring that all parties are fully informed of the financial aspects of the deal.

The other documents mentioned serve different purposes. A loan disclosure provides information about the terms of a loan, including the interest rate and other costs associated with the borrowing. A title report details the ownership history of the property and any claims or liens against it but does not outline financial transactions. The purchase agreement is the contract that outlines the terms of the sale between the buyer and seller but does not provide the detailed accounting of the actual transaction's financial components.