Settlement Agent

Filed Under »
Dictionary Says

Definition of 'Settlement Agent'

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 or other compensation to the seller.

2. A real estate professional who functions chiefly for the buyer by conveying the selling interest from the buyer to the seller and ensuring the orderly transfer of the legal title from the seller to the buyer through the closing process.

Also known as a "closing agent" or "conveyancer".
Investopedia Says

Investopedia explains 'Settlement Agent'

1. The settlement of a trade in which actual securities and money are exchanged will occur several days after the original transaction. Settlement agents are responsible for settling the accounts of traders and making the process more efficient.  

2. The duties of a settlement agent can extend to examining land titles for accuracy, pro-rating property fees for the current year of the transaction and interacting with local and state agencies to notify them about the transfer of ownership.

Related Definitions

Search results for

'Settlement Agent'

  • How To Negotiate A Real Estate Agent's Commission - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/1111/How-To-Negotiate-A-Real-Estate-Agents-Commission.aspx
    ... How To Negotiate A Real Estate Agent's Commission. ... This is particularly
    true when it comes to a real estate agent's commissions. ...
  • 6 Things To Do Before You Call A Real Estate Agent - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0311/6-Things-To-Do-Before-You-Call-A-Real-Estate-Agent.aspx
    ... 6 Things To Do Before You Call A Real Estate Agent. ... Before you consider who
    your agent will be, you need to cover the following steps. ...
  • The Truth About IRS Tax Settlement Firms

    http://www.investopedia.com/articles/tax/11/tax-settlement-firms.asp
    ... that prospective customers should look for when it comes to choosing a tax settlement
    firm ... Any tax agent that does not ask a customer why he or she owes the IRS ...
  • 5 Reasons Why You Still Need A Real Estate Agent - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0510/5-Reasons-Why-You-Still-Need-A-Realtor.aspx
    ... 5 Reasons Why You Still Need A Real Estate Agent. Posted ... undertaking. Find out why
    you shouldn't discard the notion of hiring an agent just yet. ...
  • CFA Level 1 Study Guide - Corporate Finance - Agent-Principle ...

    http://www.investopedia.com/exam-guide/cfa-level-1/corporate-finance/agent-principle-relationship.asp
    ... Corporate Finance: 11.1 Introduction; 11.2 Agent-Principle Relationship; 11.3 Capital ...
    Arbitrage; 15.13 Forward Markets and Contracts: Settlement Procedures; 15.14 ...
  • CFA Level 1 Study Guide - Derivatives - Forward Markets and ...

    http://www.investopedia.com/exam-guide/cfa-level-1/derivatives/forward-markets-contracts-settlement-procedures.asp
    ... Corporate Finance: 11.1 Introduction; 11.2 Agent-Principle Relationship; 11.3 Capital ...
    Arbitrage; 15.13 Forward Markets and Contracts: Settlement Procedures; 15.14 ...
  • Understanding Real Estate Commissions: Who Pays? - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0611/Understanding-Real-Estate-Commissions-Who-Pays.aspx
    ... When you set out to buy or sell a house, one factor worth considering is a real
    estate agent's fees. ... (Do you have a good real estate agent? ...
  • Credit And Debt Management: Debt Collection And Bankruptcy ...

    http://www.investopedia.com/university/credit-debt-management/management6.asp
    ... a professional debt collector or collection agency that operates as an agent of
    the ... written off the books of the credit issuer), debt settlement options like ...
  • 9 For-Sale-By-Owner Mistakes - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1210/9-For-Sale-By-Owner-Mistakes.aspx
    ... Failing to Prep Your Home for Sale Whether you are selling on your own or with an
    agent, in order to attract buyers your house must be completely clean, empty ...
  • Homebuyers' Walkthrough: Buying A First Home | Investopedia

    http://www.investopedia.com/university/homebuyers-walkthrough/homebuyers-walkthrough6.asp
    ... If working with a real estate agent, the agent will bring all offers ... Closing Closing,
    or settlement, is the event that transfers ownership of property between ...

Related Articles

Partner Links