In closing a real estate transaction, instructions on how the proceeds of a loan are to be disbursed are issued by the
A) Closing agent
B) Seller's agent
C) Lender
D) Trustee's Attorney

Question

Quizplus · Accepted Answer

The lender issues instructions on how the proceeds of a loan are to be disbursed in a real estate transaction, as they are providing the financing and need to ensure their funds are distributed according to the loan agreement.

In Closing a Real Estate Transaction, Instructions on How the Proceeds