Escrow & Title
In Montana, real estate closing typically involves:
AAll parties meeting simultaneously at the attorney's office
BA closing agent coordinating the exchange of documents and funds✓ Correct
CThe buyer personally delivering payment to the seller
DThe MLS system automatically transferring ownership
Explanation
Montana closings are typically handled by a closing agent (title company or escrow company) who coordinates the collection and disbursement of funds and the exchange of documents between buyer, seller, and lenders.
Related Montana Escrow & Title Questions
- In Montana, which of the following liens has the highest priority regardless of when it was recorded?
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- Montana does NOT impose a state real estate transfer tax. This means:
- In Montana, a 'quiet title action' is a court proceeding used to:
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