Settlement Agent

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Definition: Settlement Agent

Settlement Agent
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Full Definition of Settlement Agent

1. Individual or firm responsible for the final stages of completing a sale (known as the “settlement”) between the buyer and seller. Settlement agents are usually responsible for facilitating payment from the buyer to the seller and transferring the property or securities from the seller to the buyer. 2. Individual or firm acting on a buyer’s behalf to him or her purchase property from a seller by securing the title after payment has been made. Settlement agents can be attorneys or representatives of the title office. also called closing agent.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/settlement-agent/
Modern Language Association (MLA):
Settlement Agent. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 14, 2025 https://payrollheaven.com/define/settlement-agent/.
Chicago Manual of Style (CMS):
Settlement Agent. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/settlement-agent/ (accessed: March 14, 2025).
American Psychological Association (APA):
Settlement Agent. PayrollHeaven.com. Retrieved March 14, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/settlement-agent/

Definition Sources

Definitions for Settlement Agent are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.