FREC CE Course: The Closing Transaction – What Every Agent Should Know

This Continuing Education (CE) course provides valuable
information and insight on the following topics:

• Understanding the new loan estimate and closing
disclosure forms

• How the closing agent prepares for closing in
accordance with the contract provisions, title
commitment requirements and lender’s closing
instructions

• Preparing the sellers and buyers for the day of
closing, including: proper identification, funds to
close, who must attend the closing and the lender-
required documents that must be brought to closing

• A review of the documents required to be signed by
the sellers and buyers at the time of closing such as
deeds, notes, mortgages and affidavits

• The Foreign Investment in Real Property Act
(FIRPTA) and how it may apply to real estate
transactions

• Why a buyer should obtain an Owner’s Policy of Title
Insurance and an overview of the coverage provided

• Common title and closing issues that may delay or
prevent a transaction from closing

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