The Real Estate Encyclopedia & Blog

Settlement Statement

by | Feb 10, 2026

In real estate transactions, a settlement statement is a document that provides a detailed accounting of all costs and financial adjustments involved in a property sale. It itemizes credits, debits, fees, and charges associated with the transaction.

Settlement statements are typically prepared by the broker, escrow holder, or lender. Separate statements are provided to the buyer and the seller, reflecting each party’s respective financial obligations and proceeds from the closing.