Escrow & Title
A Wisconsin 'holdback agreement' at closing involves funds being:
AReturned to the buyer after closing
BWithheld from the seller's proceeds in escrow to cover agreed repairs or unresolved issues after closing✓ Correct
CHeld by the listing broker for 30 days
DDeposited in a DSPS account pending dispute resolution
Explanation
A holdback involves placing a portion of the seller's proceeds in escrow to ensure completion of agreed repairs or resolution of specific issues after closing.
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