1. Individual or firm responsible for the final stages of completing a sale (known as the "settlement") between the buyer and seller. Settlement agents are usually responsible for facilitating payment from the buyer to the seller and transferring the property or securities from the seller to the buyer.
2. Individual or firm acting on a buyer's behalf to him or her purchase property from a seller by securing the title after payment has been made. Settlement agents can be attorneys or representatives of the title office. also called closing agent.
Related information about settlement agent:
- Settlement Agent Definition | Investopedia
1. The party involved in completing a transaction between a buyer and seller. This is done through the transfer of securities to the buyer and the transfer of cash ...
- What is settlement agent? definition and meaning
Definition of settlement agent: Individual or firm responsible for the final stages of completing a sale (known as the settlement) between the buyer and seller.
- Closing Agent | Real Estate Settlement | Settlement Agent
Search for a closing agent in your area and save on real estate settlement services. Your perfect settlement agent is just around the corner!
- Choose Right Settlement Agent for a Quick Closing
Jan 4, 2007 ... The settlement agent is the person who coordinates all the paper-pushing that goes into a closing. Generally, the agent has some sort of ...
- Settlement Agent - Financial Dictionary - The Free Dictionary
A person responsible for ensuring that all laws and regulations are followed in transferring real estate from one owner to the next. For example, when one sells ...
- Real Estate Settlement Agent FAQS - Virginia State Corporation ...
Real Estate Settlement Agent FAQS. Registration/Licensing related questions. 1. Who is required to be registered? Any person, other than the lender, seller, ...
- What Do Mortgage Settlement Agents Do? | eHow.com
A mortgage settlement agent works for a lending institution or settlement company ... How to Become a Settlement Agent; Advice on Mortgage Settlement Fees ...
- Unauthorized Practice of Law (UPL) Guidelines ... - Virginia State Bar
A Settlement Agent means any person, other than a "party to the real estate transaction," who provides "escrow, closing or settlement services" in Virginia in ...