Which item would be a disbursement on a completion statement?

• A. Sale price
• B. Disbursements (e.g., Land Registry fee)
• C. Solicitors fees
• D. Net amount due

Answer: (B)

In a completion statement, disbursements are costs the solicitor pays to third parties on the client’s behalf and then recharges to the client. The Land Registry fee is a classic example because it’s a payment to a government office to register the transfer, not a charge for the solicitor’s own work. It appears separately as a disbursement to show it’s a pass-through cost.

Sale price is the amount the buyer pays for the property, not a pass-through cost. Solicitors’ fees are the professional charges for the solicitor’s work. The net amount due is the final balance after all items have been tallied, including the disbursements, but it isn’t itself a disbursement.