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URL:https://www.learndesk.us/class/6277468010840064/lesson/264095cac4302edf6a953af41ff228a9?ref=outlook-calendar
SUMMARY:Unit 14: Pre-Closing and Closing
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6277468010840064/lesson/264095cac4302edf6a953af41ff228a9?ref=outlook-calendar
DESCRIPTION: Unit Fourteen Learning Objectives: When the student has completed this unit he or she will be able to:
• Describe the essential tasks and diligence that must be performed following contracting and preceding closing, including financing, inspections, and repairs. • Describe the key events that must transpire at closing and what roles the broker, lender, and principals play in completing the closing process • Summarize the key provisions of RESPA / TRID in closing residential transactions. • Describe and quantify real estate taxes charged at closing including the prorated ad valorem tax, stamp tax, doc stamp tax, and intangible tax
PRE-CLOSING LOGISTICS AND TASKS
The Sales and Purchase Contract of a given transaction sets forth the duties, schedules, and responsibilities of each contracting party. The contract assumes that both parties are satisfied with the binding terms of the contract. The contract is legally enforceable only when all validity criteria of the...

https://www.learndesk.us/class/6277468010840064/lesson/264095cac4302edf6a953af41ff228a9?ref=outlook-calendar
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