HomeTermsCompareFinance Offset StatementThe definition for Offset Statement:(1) A statement given to a buyer of rental property by a tenant, setting forth the amount of rent and terms of the rental agreement. (2) A statement by an owner or lien-holder to a buyer, setting forth the balance due on existing liens against the property being purchased. Similar MatchesClosing StatementClosing StatementA summary, in the form of a balance sheet, showing the amounts of debits and credits to which each party to a real estate transaction is entitled upon closing. Disposition of Real Estate StatementDisposition of Real Estate StatementA statement that the buyer will occupy the property being purchased even though the buyer owns other property. The buyer states that the other property will be sold or rented. Particulars must be given as to any loan on the property and the equity or rent to payment amounts. Financial StatementFinancial StatementAn accounting statement showing assets and liabilities of a person or company. Used generally for large loans or other instances when the credit report (history of payment of debts) in itself is not sufficient. Further SuggestionsReinstatementUniform Settlement Statement Click to compare definitions of Offset Statement Click to view definitions beginning of |