Uniform Settlement Statement

Uniform Settlement Statement definition - business

Uniform Settlement Statement

A required document listing all the closing costs in a real estate transaction or refinancing. The statement is prepared by the lender and made available to the borrower, seller, and buyer on or before a mortgage loan settlement.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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