Escrow & Title
In Iowa, the closing agent's role includes all of the following EXCEPT:
APreparing closing documents
BCollecting and disbursing funds
CEnsuring all conditions of the purchase agreement are met
DProviding legal advice to both parties✓ Correct
Explanation
Closing agents coordinate the closing process, prepare documents, collect and disburse funds, and ensure conditions are met. However, providing legal advice to the parties is the role of an attorney. Iowa is an attorney state for title work, but the closing agent may not practice law.
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