Escrow & Title
In an Indiana residential transaction, which party typically selects the title company?
AAlways the seller
BAlways the buyer
CEither party — it is negotiable in the purchase contract✓ Correct
DThe listing broker selects the title company
Explanation
Indiana law does not mandate who selects the title company. In practice, either the buyer or seller may select it, as specified in the purchase contract. RESPA prohibits making title company selection a condition of the loan.
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