Escrow & Title
In New York, the 'title rundown' or 'update' performed immediately before closing confirms that:
AThe purchase price has not changed
BNo new liens, judgments, or encumbrances have been recorded since the initial title search✓ Correct
CThe survey is still accurate
DThe property taxes are current
Explanation
The title rundown (date-down) updates the title search from the date of the original search to the date of closing, ensuring no new liens (judgments, mechanic's liens, tax liens), encumbrances, or other title issues have arisen in the interim.
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