Essentials of Residential Real Estate Closings Seminar Materials

Publication Date:	February 2018
Available Formats:	Searchable PDF via immediate download
Pages:	436

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This comprehensive, stand-alone publication is direct from a February 2018 seminar.

This course was designed for anyone seeking entry-level proficiency in handling residential real estate settlements—whether new attorney or just new to the process.

Covering the essentials from A to Z, with a focus on the purchaser’s side of the transaction, this 3-hour course included the following topics:

Registering as a settlement agent
The engagement letter
The sales contract
The title search and title commitment
The role of title insurance
The lender’s instructions
TRID and the Closing Disclosure
The settlement documents
The settlement conference
Post-closing matters
Termination letter
The seller’s side of the transaction
Relevant LEO opinions and other considerations

I. Registering as a settlement agent page

II. The sales contract

III. The engagement letter

IV. The role of title insurance

V. The title search and title commitment

VI. The lender’s instructions

VII. Processing the File

VIII. Closing Protection Letters

IX. Financial Details: HUD-1, TRID and the Closing Disclosure, ALTA Settlement Statement

X. The settlement conference and documents: Closing Disclosure and Lender Documents

XI. Post-closing matters: recording, disbursing

XII. Termination letter

XIII. Escrow accounting

XIV. Restraints on marketing & fees

XV. The seller’s side of the transaction

XVI. Selected Rules and Ethics Opinions

Appendix