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This document is a settlement statement to be used in the Supreme Court of the State of Nevada. It outlines the relevant facts, legal issues, past settlement discussions, party goals, and potential
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How to fill out settlement statement

01
Start with the header section, including the property address and date.
02
List the buyer's and seller's information, including names and contact details.
03
Detail the loan information, including the loan number and lender's name.
04
Enumerate all closing costs, including title insurance, appraisal fees, and inspection fees, ensuring to categorize them as charges to the buyer or seller.
05
Include any prepayments or prorated items, such as property taxes or utilities, ensuring accurate calculations.
06
Add any credits, such as those from negotiated repairs or seller concessions.
07
Calculate the total amounts owed by both the buyer and seller, including adjustments for any deposits already made.
08
Ensure all entries are clearly labeled and organized for easy review.
09
Conclude with a signature section for both parties to acknowledge the settlement statement.

Who needs settlement statement?

01
Home buyers involved in real estate transactions to understand fees and costs.
02
Home sellers to clarify their financial responsibilities and expected proceeds.
03
Real estate agents and brokers to facilitate the closing process.
04
Lenders who provide financing for the transaction to assess loan disbursement.
05
Title companies and attorneys to ensure legal compliance and accurate closings.

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A settlement statement is a document that outlines the financial details of a real estate transaction, including all the costs and fees associated with the sale.
Typically, the closing agent or attorney responsible for the transaction is required to file the settlement statement to ensure that all parties are aware of the financial details involved.
To fill out a settlement statement, gather all necessary financial information regarding the transaction, including purchase price, loan details, and associated fees, and complete the sections for both the buyer and seller.
The purpose of a settlement statement is to provide a clear and detailed breakdown of the financial transactions, ensuring transparency and accuracy between all parties involved in the real estate deal.
A settlement statement must include information such as the purchase price, loan amounts, closing costs, escrow fees, property taxes, title insurance, and any adjustments or credits agreed upon by the buyer and seller.
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