Erica L. Larence Real Estate Attorney Licensed in RI, MA, CT, and - - PowerPoint PPT Presentation

Erica L. Larence Real Estate Attorney Licensed in RI, MA, CT, and FL 595 Jefferson Blvd Warwick, RI 02886 (401) 533-9888 elarence@taclosinglaw.com

CLOSING PROCEDURES

• Requiring masks
• Only essential parties
• Accommodating client requests
• Escrowing funds for final water and final sewer bills since there are delays in
• btaining those.
• More towns now have online records.
• Towns without online records: Foster, Hopkinton, New Shoreham,

POST-CLOSING

• Recordings by appointment, drop box, and mail in
• Eight towns now have e-recording capabilities
• East Providence, North Kingstown, Pawtucket, Providence, Richmond, Smithfield,

Warren, and Westerly

• Gap Insurance
• An endorsement to the title insurance policy that protects the buyer and

lender against any liens or encumbrances that are recorded between the closing date and the recording date.