Settlement Ready: Understanding and Preparing Statements of Adjustment – Leo Cussen Centre for Law

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Settlement Ready: Understanding and Preparing Statements of Adjustments

Settlement Ready: Understanding and Preparing Statements of Adjustments

$100.00
$100.00
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Tax included.

As a property settlement approaches, it falls to the purchaser’s lawyer to prepare the critical Statement of Adjustments.

Often seen as a routine task, preparing, and reviewing this document demands more than just a formulaic approach and missteps can have significant financial and legal consequences.

This seminar will discuss essential issues, including:

  • Preparing and reviewing the Statement of Adjustments.
  • Key areas to look out for when reviewing the Statement.
  • Key details often overlooked when preparing or reviewing.
  • Risks of using templates.
  • What to do if your client does not want any adjustment made.
  • How are outgoings adjusted for rent, for investment and rental properties?
  • What happens if a statement is not provided before settlement or an error is made?
  • How to handle adjustments where settlement is delayed or dates become misaligned.

Avoid risk. Ensure you’re prepared to complete your next Statement of Adjustments with precision and insight.