Escrow & Title
In Nevada, escrow instructions are documents that:
ASet the commission rates for the transaction
BDirect the escrow holder on how to disburse funds and transfer title✓ Correct
CEstablish the agency relationship
DAre the same as the purchase contract
Explanation
Escrow instructions are written directions given to the neutral escrow holder specifying the conditions that must be met before funds are disbursed and title is transferred. They are separate from but consistent with the purchase contract.
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