Settlement: Deed is a legally binding document

Settlement deed is a legally binding document, employed for transferring property ownership. There are various categories of settlement deeds, each characterised by its unique format and prerequisites. Furthermore, its registration process involves payment of stamp duty. Let’s delve further in understanding key aspects of settlement deed including its meaning, format, importance and more. Learn the meaning of settlement as a noun in different contexts, such as law, finance, geography, and history. Find synonyms, pronunciation, and usage examples of settlement in British and American English. In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. A collective settlement is a settlement of multiple similar legal cases. [1] The term also has other meanings in the context of law. Structured settlements provide for future periodic payments, instead of a one-time cash payment. Learn the meaning of settlement in English with different contexts and usage. Find out how to use settlement as a noun in various domains, such as law, finance, history, and geography.