Transfer of PropertyPregunta 92 de 120
An escrow holder in a California real estate transaction acts as a:
a.Agent for the buyer only
b.Agent for the seller only
c.Real estate broker
d.Neutral third party for both parties
Explicación
The escrow holder is a neutral, disinterested third party that holds documents and funds and carries out the parties' mutual written instructions. It must follow the escrow instructions strictly and impartially. Escrow closes when all conditions are met.
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Preguntas relacionadas de este tema
- A California grant deed contains two implied warranties: that the grantor has not already conveyed the property to another, and that:
- A deed that transfers whatever interest the grantor may have, without any warranties of title, is a:
- Title insurance protects the insured against:
- Recording a deed in the county where the property is located gives the public:
- California's documentary transfer tax is $0.55 per $500 of value. On a $600,000 sale with no assumed loan, the county transfer tax is:
- A deed in which the grantor makes the fullest express warranties, defending title against all claims, is a:
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