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AN ACT to provide that a settlement agent may disburse settlement proceeds in reliance on a check drawn on the account of or issued by a licensed mortgage lender, to make amendments relating to the
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Who needs duty of settlement agent?

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Real estate agents
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Property developers
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Home buyers and sellers
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Mortgage brokers
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Title companies

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The duty of a settlement agent is to oversee the closing of a real estate transaction and ensure that all documents are properly executed and funds are disbursed correctly.
The settlement agent, also known as the closing agent or escrow officer, is required to file the duty of settlement agent.
The duty of settlement agent is typically filled out with information about the real estate transaction, parties involved, and financial details. It is important to accurately document all relevant information.
The purpose of the duty of settlement agent is to ensure transparency and compliance in real estate transactions, as well as to protect the interests of all parties involved.
The duty of settlement agent typically includes information about the property being bought or sold, the buyers and sellers, the purchase price, and any relevant financial details.
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