Escrow & Title
A Virginia settlement agent (attorney) is acting in which capacity at closing?
AAs an agent for the buyer only
BAs a neutral facilitator ensuring proper transfer of title and funds✓ Correct
CAs an agent for the lender only
DAs the VREB's representative
Explanation
In Virginia, the settlement agent (typically an attorney or title company) acts as a neutral facilitator at closing, preparing documents, collecting and disbursing funds, and recording the deed.
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