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.
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1 According to estimates from the EPA (that are about 10 years old), the septic tank installation cost, including the tank and drain field, can cost anywhere between $1,900 and $9,000 with an average of $4,000 for a standard system in an area with good soil. As for the tank itself, the cost of this should also be considered. 2  A rough guideline is between $1 and $4 per gallon of tank, so a 1000 gallon tank installed would cost between $1,000 and $4,000.