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Real Estate Closings

Real Estate Law and Closings

Did you know?
  • The buyer of a home has the right to choose the closing attorney.
  • Title insurance is a one-time premium paid at closing, and provides coverage for defects in title that arise despite a search of the public records.
  • Lenders always require title insurance which protects only the lender.  It is optional for purchasers but strongly recommended.
  • Both spouse’s names must be on your deed with the words “as joint tenants with rights of survivorship” for your home to transfer to the surviving spouse outside of probate.
  • The closing attorney collects all of the funds, makes disbursements and records the deed and lender’s security deed.

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