What items are typically credited to the buyer at closing?

The correct answer highlights that unearned rent, earnest money, and tenants' security deposits are typically credited to the buyer at closing.

Unearned rent refers to rent that has been paid in advance by a tenant for a period beyond the closing date; this amount will be credited back to the buyer since they will be the new property owner and assume responsibility for the property. Earnest money is a deposit made by the buyer to demonstrate their commitment to the purchase, typically held in escrow and applied toward the purchase price at closing. Tenants' security deposits are also credited to the buyer, as the new owner will need to determine how to handle these funds once the property is under their ownership.

In contrast, other answer options include items that either do not represent credits to the buyer in the same context or pertain to expenses or funds that are not specifically credited at closing. Prepaid items and closing costs relate more to expenses the buyer may have to cover, whereas loan proceeds and insurance premiums do not represent credits to the buyer but rather funds associated with the transaction. Similarly, property taxes and title insurance are typically expenses for which the buyer is responsible at closing, rather than items credited to them.