Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Settlement
FTC
Updated 10-31-2026
Settlement
The process of complet-ing a loan transaction at which time the mortgage documents are signed and then recorded, funds are disbursed, and the property is transferred to the buyer (if applicable). Also called closing or es-crow in different jurisdictions. See also "Closing"
FTC Real Estate Terms
FTC · p. 16
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