Escrow & Title
In Georgia, what must a closing attorney do before disbursing funds at a real estate closing?
AA. Wait 5 business days after the Closing Disclosure is signed
BB. Ensure all conditions have been met, title is clear, documents are properly executed, and funds are collected✓ Correct
CC. Obtain approval from GREC
DD. File the deed in the county records
Explanation
Before disbursing funds, the closing attorney must confirm all loan conditions are satisfied, title is clear (final title search completed), all documents are properly signed and notarized, and all funds (including the buyer's closing costs and down payment) are available and cleared.
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