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ALTA Settlement Statement Combined Adopted 05012015American Land Title AssociationFile No./Escrow No.: Print Date & Time: Sunday 10th of July 2016 12:36:09 PM US/Eastern Surety Land TitleOfficer/Escrow
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01
Step 1: Collect all necessary information and documents related to the transaction, such as buyer, seller, lender, and property details.
02
Step 2: Open the Alta Settlement Statement Combined form.
03
Step 3: Fill in the transaction information section, including the sale price, financing details, and other relevant financial information.
04
Step 4: Provide details about any existing liens or encumbrances on the property, if applicable.
05
Step 5: Fill out the proration section, including the allocation of taxes, insurance, and other fees between the buyer and seller.
06
Step 6: Enter any additional costs or credits associated with the transaction, such as commissions or seller concessions.
07
Step 7: Review the completed form for accuracy and make any necessary revisions.
08
Step 8: Obtain signatures from all parties involved in the transaction, including buyer, seller, and relevant agents or attorneys.
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Step 9: Make copies of the completed Alta Settlement Statement Combined for all parties involved and keep them for record-keeping purposes.
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Step 10: Submit the Alta Settlement Statement Combined to the appropriate parties, such as the lender or title company, as required.

Who needs alta settlement statement combined?

01
Real estate professionals, such as realtors and brokers, who are involved in property transactions.
02
Buyers and sellers of real estate who want a detailed breakdown of the financial aspects of the transaction.
03
Lenders and title companies who require a comprehensive settlement statement for financing and closing purposes.
04
Attorneys and legal professionals involved in real estate transactions.
05
Government agencies and regulatory bodies overseeing real estate transactions.
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The ALTA Settlement Statement Combined is a document used in real estate transactions to outline the financial details of the closing. It shows the debits and credits for both the buyer and seller.
The closing agent or settlement agent is typically responsible for preparing and filing the ALTA Settlement Statement Combined.
To fill out the ALTA Settlement Statement Combined, you will need to input all the financial details of the closing including costs, fees, and payments.
The purpose of the ALTA Settlement Statement Combined is to provide a detailed breakdown of the financial aspects of the real estate transaction for both the buyer and seller.
The ALTA Settlement Statement Combined must include details such as the purchase price, closing costs, loan amount, and any prorated expenses.
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