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Escrow
Table of Contents and Course Syllabus


Assignment I EDUCATIONAL OBJECTIVES: Learn about Closing of real estate transactions, Definitions of escrow, Requirements for an escrow, The escrow holder, Who may act as the escrow agent, Designating the escrow holder, Rights and obligations of the parties, General escrow principles and rules, Relationship of the real estate broker and escrow holder.

Assignment II
EDUCATIONAL OBJECTIVES: Learn about Division of charges in escrow, Opening an escrow,Escrow requirements: buyer and seller, Basic procedure 1: escrow instructions, Basic procedure 2: title search & title insurance.

Assignment III
EDUCATIONAL OBJECTIVES: Learn about Basic procedure 3: demands and beneficiary statements,Basic procedure 4: structural pest control and other reports.

Assignment IV
EDUCATIONAL OBJECTIVES: Learn about Basic procedure 5: loan documents and financing, Basic procedure 6: fire insurance policies.

Assignment V
EDUCATIONAL OBJECTIVES: Learn about Basic procedure 7: prorations and settlement, Basic procedure 8: closing funds,Basic procedure 9: closing, Basic procedure 10: recording.

Assignment VI
EDUCATIONAL OBJECTIVES: Learn about Termination of an escrow,Uniform Vendor And Purchaser Risk Act,RESPA, Typical closing, Audit.