Escrow & Title
In Hawaii, 'closing in escrow' means:
AA. The transaction closes only after all contingencies are waived
BB. A neutral third party holds all documents and funds and disburses them when all conditions are met✓ Correct
CC. The parties close the transaction without an escrow officer present
DD. Closing occurs online through a digital escrow platform
Explanation
Closing in escrow means all documents and funds are deposited with a neutral escrow holder who closes the transaction (disburses funds and records the deed) when all conditions are fulfilled.
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