EstatePass
ContractsMEDIUMFREE

Escrow is typically closed when:

2:35
0 views

Question & Answer

Review the question and all answer choices

A

The buyer signs the purchase agreement

B

The loan is approved

C

All conditions have been met and documents are recorded

Correct Answer
D

The buyer pays the deposit

Why is this correct?

Escrow closes when all conditions of the purchase agreement have been satisfied, funds have been collected, and the deed and other documents have been recorded.

Ready to Ace Your Real Estate Exam?

Access 2,000+ free video lessons covering all 11 exam topics.