Escrow & Title
In Rhode Island, who is responsible for ordering the title search before closing?
AThe seller's agent
BTypically the buyer's attorney or the closing attorney✓ Correct
CThe Rhode Island DBR
DThe listing broker
Explanation
In Rhode Island, the buyer's attorney or closing attorney typically orders the title search to verify the chain of title, identify any liens or encumbrances, and ensure the seller can convey clear title.
Related Rhode Island Escrow & Title Questions
- The process of 'closing' a real estate transaction in Rhode Island involves:
- A deed is transferred when it is:
- RESPA (Real Estate Settlement Procedures Act) prohibits which of the following practices in Rhode Island real estate closings?
- An escrow account held by a Rhode Island broker must be:
- What is the role of an 'escrow agent' in a Rhode Island real estate transaction?
- In Rhode Island, attorneys handle most residential real estate closings. The attorney's primary duty at closing is to:
- A title insurance commitment (binder) issued before closing describes:
- What is a 'HUD-1 Settlement Statement' (or its modern equivalent, the Closing Disclosure) used for in a Rhode Island closing?
Practice More Rhode Island Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Rhode Island Quiz →