Download ALTA's Model Settlement Statements to Use for TRID

November 24, 2015

ALTA has developed four model ALTA Settlement Statements for title insurance and settlement companies to use in order to itemize all the fees and charges that fall under the TILA-RESPA Integrated Disclosure rule. 

Settlement statements are currently used in the marketplace in conjunction with the federal HUD-1. The ALTA Settlement Statements are not meant to replace the CFPB's Closing Disclosure.

“We have heard from many title and settlement agents that the CFPB’s new Closing Disclosure will not be sufficient to meet state regulators’ requirements to accurately show costs that the seller and homebuyer will be responsible for in a real estate transaction,” said Michelle Korsmo, ALTA’s chief executive officer. “Specifically, for many states, the Closing Disclosure requires settlement providers to inaccurately disclose the costs of title insurance to the consumer.

“To meet the needs of our members who are looking for a model form and to bring standardization to the industry where desired, ALTA developed model Settlement Statement for title insurance and settlement companies to use to itemize all the fees and charges that both the homebuyer and seller must pay during the settlement process of a housing transaction,” Korsmo continued.

There are four versions of the ALTA Settlement Statement available:

  • ALTA Settlement Statement Combined
  • ALTA Settlement Statement Seller
  • ALTA Settlement Statement Borrower/Buyer
  • ALTA Settlement Statement Cash

Click here to download the documents.

Each settlement statement is available for use by settlement agents in Excel, Word or PDF format. ALTA is working with settlement software providers to incorporate these newly approved forms into software programs.

Contact ALTA at 202-296-3671 or