What is the role of the Lawyer during the Closing process?

During the closing process, the lawyer plays a crucial role in ensuring all necessary legal requirements are met. This includes:

  1. Reviewing and explaining the closing documents to you.
  2. Facilitating the transfer of funds between parties.
  3. Coordinating with the seller’s lawyer and the mortgage lender (if applicable).
  4. Conducting the title search and registering the transfer of title.
  5. Disbursing funds to the appropriate parties, such as the seller, real estate agents, and government authorities.
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Updated on August 21, 2023