Escrow & Title
In California, who typically acts as the escrow holder in a real estate transaction?
AThe real estate broker
BAn independent escrow company or title company✓ Correct
CThe county recorder's office
DThe Department of Real Estate
Explanation
In California, escrow is typically handled by an independent escrow company or a title company's escrow division. Unlike many other states, attorneys do not typically handle closings in California.
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