Examples of Closing Agent in a sentence
The parties hereby appoint Wxxxxxx Xxxxxx, attorney for the Buyer, as Closing Agent to receive, deposit and distribute funds for the parties and acknowledge that Closing Agent shall prepare and obtain execution of all closing documents and instruments evidencing the terms and conditions of this transaction, as are required for the closing, conduct the closing, and provide for recording of the documents.
Unless modified by other provisions of this Contract, the closing of this transaction shall occur and 51 the closing documents required to be furnished by each party pursuant to this Contract shall be delivered (“Closing”) on 52 (“Closing Date”), at the time established by the Closing Agent.
If the Title Commitment 503 provides insurance against adverse matters pursuant to Section 627.7841, F.S., as amended, the escrow closing 504 procedure required by STANDARD J shall be waived, and Closing Agent shall, subject to COLLECTION of all closing 505 funds, disburse at Closing the brokerage fees to Broker and the net sale proceeds to Seller.
ESCROW AGENT: Any Closing Agent or Escrow Agent (collectively “Agent”) receiving the Deposit, other funds and 340 other items is authorized, and agrees by acceptance of them, to deposit them promptly, hold same in escrow within the 341 State of Florida and, subject to COLLECTION, disburse them in accordance with terms and conditions of this Contract.
The undersigned hereby attest and affirm to Closing Agent that the Settlement Statement executed in connection with the referenced transaction accurately represents the complete terms of the sales contract, including all addenda.