A settlement agent is an escrow agent, real estate attorney, or representative of a title company that conducts the closing or "settlement" of a home buying transaction, coordinates attendance and document signing for all the parties, and verifies that each side has performed their required responsibilities as defined in the contract. The settlement agent disburses all funds and title/deed to the appropriate parties after verifiying that all conditions are met.
Another term for a settlement agent is a closing agent.
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