Escrow & Title
What is the purpose of the 'escrow instructions' in an Idaho real estate transaction?
AInstructions from the lender to the buyer
BWritten directions from the buyer and seller to the escrow company specifying how funds and documents are to be handled✓ Correct
CIREC's instructions for closing procedures
DThe title insurance company's underwriting requirements
Explanation
Escrow instructions are written directions provided by both buyer and seller to the escrow agent, specifying what conditions must be met and how funds and documents are to be disbursed when the transaction closes.
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