Entering an Amount on One Side of the Hud-1 Settlement Statement (Unlinking Borrower and Seller Columns)
Sometimes you may need to enter a disbursement or receipt for one party on the front page of the Hud-1 settlement statement, where there is no corresponding charge or credit to the other party. (For example, if the seller needs to pay back taxes on the property.) If the seller's column is locked, unlock it by unchecking the unlink checkbox that is located between the buyer and seller sides of the particular line.
Example: Assume the seller owes real estate taxes for a prior year that are to be paid 100% by the seller.
To enter the amount on the seller's side, uncheck the link checkbox on line 205, in order to unlock line 505. Then for line 505 enter a description something like "Back taxes," and enter the amount in the seller's column. With your cursor still in the seller's amount column for line 505, click on the Payee menu and associate that back tax amount with a payee, such as "County Tax Collector." See Payees and Payors
Disbursements to be charged to seller can be entered on lines 504-509 or 513-519. Disbursements to be charged to the borrower can be entered on lines 104-105 or 109-112.
Receipts to be credited to seller can be entered on lines 404-405 or 409-412. Receipts to be credited to the borrower can be entered on lines 204-209 or 213-219.