Which document is NOT a requirement at closing?

At closing, various documents are essential to complete the transaction and facilitate the transfer of ownership from the seller to the buyer. Among these, the closing statements, seller's deed, and contract documents are critical components that are typically required.

The closing statements outline all the financial aspects of the transaction, detailing costs associated with buying and selling. The seller's deed is vital because it serves as the legal instrument that transfers the property title to the buyer. The contract document is also necessary as it provides the agreed-upon terms of the sale and serves as a reference for both parties.

In contrast, inspection reports, while valuable for buyers to assess the condition of the property, are not mandated for the closing process itself. They provide information that may influence decisions prior to closing but do not constitute a requirement for the actual transfer of ownership. Therefore, inspection reports can be considered optional, and that is why this document is identified as not being required at closing.