Hud-1 Settlement Statement
hud-1 settlement statement n[Department of H ousing and U rban D evelopment (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
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.