today:
282
yesterday:
288
Total:
1,017,268

부동산

Real Estate Law 78

2019.05.14 21:33 Views : 119

Check Your Understanding Answers

  1. What is escrow?

    Escrow is the process in which a disinterested third party holds all money and documents relating to a transaction until all of the terms and conditions of the escrow instructions have been satisfied.
     
  2. Describe an escrow agent.

    An escrow agent is a neutral third party who performs the duties necessary to transfer ownership between the parties in a fair, impartial manner.
     
  3. When can a broker act as an escrow agent?

    A broker can act as an escrow agent only if he or she is acting as the broker in that particular real estate transaction. When acting as an escrow agent, the broker cannot delegate any of the escrow duties to another person.
     
  4. List the five basic steps of the escrow process.
    1. Select the escrow company
    2. Send the purchase contract to the escrow holder
    3. Open the escrow
    4. Complete all items outlined in the escrow instructions
    5. Close the escrow
No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2202
Notice 부동산 용어 (A to Z) 2019.03.03 1440
261 Real Estate Law 79 2019.05.14 117
260 Equitable title 2019.05.22 117
259 Chapter 17 Conclusion 2019.03.10 118
258 Real Estate Law 9 2019.05.05 118
257 Real Estate Law 106 2019.05.17 118
256 Real Estate Law 15 2019.05.06 119
» Real Estate Law 78 2019.05.14 119
254 void contract 2019.05.22 119
253 Real Estate Law 35 2019.05.08 121
252 Real Estate Law 54 2019.05.11 121
251 Real Estate Law 68 2019.05.12 121
250 Leasehold Estates in Real Estate 2019.04.01 122
249 Real Estate Law 8 2019.05.05 122
248 Real Estate Law 38 2019.05.08 122
247 Real Estate Law 75 2019.05.13 122
246 Property taxes in California 2019.05.22 122
245 Chapter 8 Quiz 2019.03.04 123
244 Top 10 BEST CITIES to Live in America for 2022 (Stay to the end for extras) 2022.09.16 123
243 Real Estate Practice -1 (Understanding-Answers) 2019.04.11 125
242 Real Estate Law 103 2019.05.17 126
241 Real Estate Practice -2 (Understanding-Answers) 2019.04.11 127
240 Chapter 7 Conclusion 2019.04.14 127
239 Law 6 2019.05.03 127
238 TEST 20 2019.03.25 128
237 Settlement-Statement Worksheet 2019.03.27 128
236 Natural Hazards Disclosure Act 2019.04.01 128
235 Real Estate Practice - 36 (Understanding-Answers) 2019.04.29 129
234 Streets of Orange County named after people: 2018.11.14 130
233 Real Estate Law 11 2019.05.05 130
232 Acting Without a License 2019.02.28 131