Contracts
Indiana's closing coordinator or transaction coordinator serves which function?
AProvides legal advice to buyers and sellers
BManages the administrative process of coordinating inspections, lender communications, title work, and closing logistics✓ Correct
CSets the closing date and time
DApproves the mortgage application
Explanation
A transaction coordinator manages the administrative workflow of a real estate transaction — scheduling inspections, tracking contingency deadlines, coordinating with lenders and title companies — but does not provide legal advice or replace the broker's fiduciary role.
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