Mortgage Knowledge Base
A completion statement for the sale of a property is a document that outlines the expenses that need to be paid in order to finalise the purchase of the property.
It will itemise all of the charges, such as the purchase price, deposits, as well as any other costs that are due at the time of completion. The completion statement will also typically include a breakdown of what has already been paid thus far in the transaction.
It is essentially a bill that lists all of the costs associated with the sale of the property.
