Which of the following is a common element found on a closing disclosure?

Homeowner association dues are typically included on a closing disclosure as a line item. This document provides a detailed accounting of all the costs associated with the closing of a property transaction. Including homeowner association dues is essential because they represent an ongoing financial obligation for the buyer, and potential buyers need to be aware of this cost when assessing their total monthly expenses and budget.

The other options do not appear on a closing disclosure. Previous owner details are not necessary for the closing process, as the focus is on the transaction between the current buyer and seller. Cash reserves, while important for buyers to consider, are generally not part of the financial breakdown on a closing disclosure. Appraisal value, while relevant to the transaction, is used primarily for lender purposes and is not included in the disclosure of costs associated with closing. Therefore, homeowner association dues stand out as a crucial element found on the closing disclosure.