The item most commonly first in this group is the summary total of the settlement charges from the seller side of the second page. These are charges owed by the seller and would thus reduce the amount they would receive from the sale.
If there are mortgages on the property, here is where the pay-offs would appear, and these amounts would also reduce the cash the seller would receive at closing.
The "Adjustments for Items Unpaid by Seller" is directly opposite the section with the same name in the buyer side 200 series. Normally, any item unpaid by the seller with balances due up to the closing would require that the Seller reimburse the Buyer for this amount so they can later pay it. Pro-rated taxes, homeowner dues, and other items my fall into this category. An entry on the left woud be a CREDIT to the Buyer and would be offset by the same amount on the right as a DEBIT to the Seller.
Line 520 is the total of the items in this series and is entered into line 602.
