Meaning Close of Escrow
What does Close of Escrow mean? Here you find 2 meanings of the word Close of Escrow. You can also add a definition of Close of Escrow yourself
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Close of Escrow The meeting between the buyer, seller and lender (or their agents) where the property and funds legally change hands.
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Close of EscrowThe date the documents are recorded and title passes from Seller to Buyer. On this date, the Buyer becomes the legal owner, and title insurance becomes effective.
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