Closing the Real Estate Transaction

Question 1

Closing

Answer 1

the final procedure in a real estate transaction where the deed is delivered from the seller to the buyer (and then recorded in the land records) and the seller receives the purchase money; upon delivery of the deed, title passes from the seller to the buyer

Question 2

Closing Process

Answer 2

most closings are face to face in CT and require an attorney

Question 3

Walk Through Inspection

Answer 3

conducted immediately prior to the closing itself

Question 4

Face to Face Closing

Answer 4

all the parties involved in the transactions actually meet together and sign documents and exchange funds

Question 5

Closings in Escrow

Answer 5

buyer and seller sign documents ahead of time and instruct their attorneys to exchange documents and funds without the buyer and seller being physically present