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What is a City Settlement Sheet and why should I get one?

April 26, 2017city Sheet

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What is a City Settlement Sheet and why should I get one?

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A. A City Settlement Sheet provides information regarding all monies owed to the City of Harrisburg on a property (City and School Real Estate Taxes, Utilities and Liens). A Settlement Sheet is valid for ten (10) days and should be ordered one (1) to two (2) days prior to settlement. This Settlement Sheet protects the purchaser. When a property transfers ownership, responsibility for all liens and encumbrances (debt/money owed) on the property is transferred to the new owner. The Settlement Sheet informs the potential purchaser of what is owed at the property. The debt reflected on the Settlement Sheet should be taken care of at the time of settlement.