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A Completion Statement is the final financial reconciliation in a property transaction in England, detailing the demands and credits that balance the funds sent to complete on the contract for sale or purchase. A solicitor drafting or reviewing it confirms the final purchase price, adjusts for outgoings, deposits, and encumbrances, accounts for SDLT, registration fees, and any mortgage discharge or rent apportionments, and ensures money flows to the correct parties. It underpins the precise settlement required for transfer of title and possession.
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Tagged solicitor Jamie Dieffenthaller
Thank you for your work on the Separation and transfer Agreement. Everything is now proceeding accordingly with the equity transfer process
Review left by Anonymous
