According to generally accepted practices, an escrow agent is authorized to:

A: Give the buyers advice about the best financing which is available;
B: Change the escrow instructions when asked to by the listing broker;
C: Call for funding of the buyer's loan;
D: Authorize a pest control company to make corrective repairs.

Answer: C: Call for funding of the buyer's loan;

Business

You might also like to view...

If a bank reconciliation includes interest revenue, a journal entry is required which credits Cash and debits Interest Revenue

Indicate whether the statement is true or false

Business

Germany's Aldi and Lidl ("Where quality is cheaper!") and France's Leader Price ("Le Prix La Qualité en Plus!") are among the most popular discount retailers

Indicate whether the statement is true or false

Business