Escrow & Title (alternative)
In Maryland, the HUD-1/Closing Disclosure must be provided to the buyer and seller at or before:
AThe time the contract is signed
BThe time of settlement
C3 days before settlement for purchases✓ Correct
D30 days after settlement
Explanation
Under TRID (for transactions with a lender), buyers must receive the Closing Disclosure at least 3 business days before consummation (settlement).
Related Maryland Escrow & Title (alternative) Questions
- A Maryland title company discovers that a prior deed in the chain of title was forged. Under the owner's title insurance policy, the buyer is protected because:
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