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URL:https://www.learndesk.us/class/4746122453057536/lesson/855d88b88e4d6500993f78c6d4200764?ref=outlook-calendar
SUMMARY:The Closing Event
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/4746122453057536/lesson/855d88b88e4d6500993f78c6d4200764?ref=outlook-calendar
DESCRIPTION: 
The setting
The closing process
Transfer of title
Transfer of purchase funds
Escrow procedures
Lender closing requirements
Broker’s role

The setting
The closing event is the culmination of the real estate transaction. During this event, the buyer pays the purchase price and receives the title to the purchased real estate. At the same time, the buyer completes financing arrangements, and buyer and seller pay all required taxes, fees, and charges.
Customary practices. There are a number of customary procedures and practices for conducting real estate closings in Florida. For example, it is common for sellers to pay the documentary stamp tax on the deed and for buyers to pay the documentary stamp tax on the note. See “Rules of thumb” later in this section for more examples.
Time. The sale contract sets the date of the closing, usually within sixty days of signing. The time period between signing and closing is expected to be sufficient for the removal of any...

https://www.learndesk.us/class/4746122453057536/lesson/855d88b88e4d6500993f78c6d4200764?ref=outlook-calendar
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