The escrow agent has discretionary authority on the escrow instructions.
Correct Answer:
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Q1: The nature of closing varies from state
Q2: A valid escrow requires an underlying purchase
Q3: As between buyer and seller, the escrow
Q4: For an escrow to be created, the
Q5: The lender is responsible for delivery of
Q7: Escrow instructions need not be in writing
Q8: The seller can serve as the escrow
Q9: RESPA is applicable to all loans involving
Q10: RESPA is applicable to home improvement loans.
Q11: The good faith estimate under RESPA must
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