Escrow & Title
A title company in Utah acts as an escrow agent by:
ARepresenting the seller's interests during closing
BHolding funds and documents from both parties and disbursing according to contract terms at closing✓ Correct
CGuaranteeing the loan will fund
DRepresenting the buyer's interests during title search
Explanation
As a neutral third-party escrow agent, the title company holds earnest money, coordinates collection of all closing documents, ensures all contract conditions are met, and disburses funds to the appropriate parties according to the settlement statement at closing.
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