What does PRE -ALTA mean?
The ALTA settlement statement is an itemized list of all of the fees or charges that the buyer and seller will pay during the settlement portion of a real estate transaction. Everything from the sale price, loan amounts, school taxes, and other pertinent information is contained in this document.
Related Terms
Federal Reserve Board
Home Equity Line of Credit
Recorder
Estimated Increase In Equity
Term Length
Bilateral Contract
Credit Card Discounts
Agreement of Sale
Tap Fees
Prepaid Interest
Cottage
Capital Gains Tax
Tax Deduction
Bankruptcy
Environmentally Friendly Home Construction
Insurance
High-Rise
Equal Credit Opportunity Act.