closing agent

closing agent

The person who performs a closing.The closing agent is typically not an agent of either party or of the lender, but simply the person entrusted to carry out all nonconflicting instructions from all parties.

References in periodicals archive ?
Thus, if the taxpayer enters into an exchange agreement before the closing, as required when engaging in a 1031 exchange, and thereafter deposits the earnest money funds with the qualified intermediary (QI) or the closing agent before the closing occurs, the receipt of the deposit should not be treated as the receipt of sale proceeds.
The closing agent -- whoever handles real estate closings in your area -- will take care of ordering one if it's needed, and include it in your closing costs.
The respondent was suspended, on reciprocal proceedings from North Carolina, for one year and one day for negligent misuse of funds received in connection with two real estate closings in which she represented the buyers and acted as the closing agent. The Court did not condition reinstatement in Massachusetts on the respondent's reinstatement in North Carolina.
He spent the past 18 years as a Maryland title producer independent contractor and mortgage loan closing agent.
In another case, he was a closing agent. Aguero collected property taxes totaling more than $6,500, but he never remitted the funds to the Miami-Dade County Tax Collector.
Ellen has more than 25 years of experience in the real estate industry, serving as a Title Closing Agent, Mortgage Loan Officer, and Realtor.
Partridge will now act as the central Arkansas area manager and Martin will act as a closing agent.
Or oops, we didn't get all the loan documents to the closing agent in time.
It would I be up to a closing agent to separate the fees on the form.
They also provided that the closing agent would appoint the escrow agent and that the escrow agent would act solely on the instructions of the closing agent.
R-DEN-02218 and R-DEN-02219 for closing agent services.
If necessary, investigators can focus on determining the amount and source of fraudulent funds provided to the closing agent.