Which entity is responsible for ensuring compliance with the instructions of the lender during closing?

The closing agent is the entity responsible for ensuring compliance with the instructions of the lender during the closing process. This role is crucial as the closing agent coordinates all aspects of the closing, including the signing of documents and the transfer of funds. They ensure that all necessary documents are prepared, reviewed, and executed according to the lender's requirements.

The closing agent acts as a neutral party who facilitates the transaction and ensures that all conditions are met before the deal is finalized. They are also responsible for ensuring that the title is clear and that any necessary payments, such as loan disbursements, are completed appropriately. This ensures that the transaction adheres to the lender's specific instructions, providing a smooth closing experience for all parties involved.

The title agent typically focuses on the examination of the title and addressing title-related issues, while the insurer provides the title insurance policy and assumes the risk associated with title defects. The insured is the individual or entity that is protected by the title insurance and does not have the responsibility to ensure compliance with lender instructions.