Escrow & Title
In New York, the closing of a real estate transaction is typically conducted by:
AThe listing broker
BAn escrow officer at the title company (as in most western states)
CAttorneys for the buyer and seller, with the title company representative present✓ Correct
DA DOS-licensed closing agent
Explanation
New York is an attorney-closing state. Closings are conducted with the attorneys for the buyer and seller present (or available). The title company representative is also typically present. Unlike escrow states, New York does not use an independent escrow officer to conduct the closing.
Related New York Escrow & Title Questions
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