Escrow & Title
A Missouri title company performing escrow services acts as:
AAn agent for the buyer only
BA neutral third party holding funds and documents and disbursing per the parties' instructions at closing✓ Correct
CAn agent for the seller only
DA representative of the mortgage lender
Explanation
An escrow/title company in Missouri acts as a neutral, independent third party. They hold the earnest money, collect documents, coordinate payoffs, and disburse funds and deeds at closing per the purchase contract and settlement statement.
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