Escrow & Title
In California, escrow is typically handled by:
AThe listing broker
BA neutral third party such as an escrow company, title company, or attorney✓ Correct
CThe buyer's lender
DThe California DRE
Explanation
In California, escrow is handled by a neutral, disinterested third party (escrow holder) — typically an escrow company, title company, or attorney. The escrow holder follows the written instructions of the buyer and seller.
Related California Escrow & Title Questions
- What does 'escrow' mean in a California real estate transaction?
- What is 'proration' in a real estate closing?
- In California escrow, when a buyer cancels the transaction after all contingencies have been removed, the seller may be entitled to retain:
- A quitclaim deed conveys:
- What is the difference between an 'owner's title insurance policy' and a 'lender's title insurance policy'?
- What is 'actual notice' of a property interest?
- In California, escrow instructions that are signed by both buyer and seller create:
- In California, who may act as an escrow holder in a real estate transaction?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →