Escrow & Title
In Wyoming real estate closings, the role of the escrow agent is to:
ARepresent the buyer's interests exclusively
BHold funds and documents and disburse them when all conditions of the transaction are met✓ Correct
CAppraise the property at closing
DInspect the property on behalf of the lender
Explanation
An escrow agent (often a title company in Wyoming) is a neutral third party who holds funds (earnest money, down payment, loan proceeds) and documents, then disburses them to the appropriate parties when all closing conditions are satisfied.
Related Wyoming Escrow & Title Questions
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