Colorado License Law
The Colorado 'Closing Instructions' form (used by Colorado title companies at closing) establishes:
AA. Only the distribution of the purchase price
BB. The specific instructions from the buyer, seller, and lender to the title company for how to conduct the closing and disburse funds✓ Correct
CC. Only the buyer's loan terms
DD. Only the commission amounts
Explanation
Closing Instructions (used by Colorado title companies) are a written agreement between the title/escrow company and the parties (and lender) specifying how the closing is to be conducted: what documents are needed, what conditions must be met, how funds are to be disbursed, and other specific instructions. All parties sign the closing instructions.
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