This precedent is a letter sending a draft settlement statement to a vendor’s solicitor, conveyancer or other representative.
This precedent letter is used to send the settlement statement to the vendor’s representative before settlement for approval. It can sometimes be used to deal with any urgent and other matters that need occur in anticipation of settlement.
For a precedent settlement statement, see the separate precedent “Settlement statement — sale of real estate”. For a letter sending the settlement statement to the purchaser client, see the separate precedent “Letter to purchaser client before completion enclosing statement of amount required for completion of purchase (settlement statement)”.
This precedent has been authored for LexisNexis by Daniela Terruso, Director, Intelmar.