California Real Estate Practice Exam

When is the closing of title in escrow considered complete?

1. When the deed is delivered

2. When the deed is signed

3. When documents are recorded

4. When the sale price is paid in full

The correct answer is: When documents are recorded

The closing of title in escrow is considered complete when the documents are recorded. This indicates that the transfer of ownership has been legally documented and recorded with the appropriate government agency. Options A and B are incorrect because the deed being delivered or signed does not necessarily mean that it has been legally recorded. Option D is incorrect because the sale price being paid in full does not necessarily mean that the documents have been recorded. Therefore, the only option that accurately represents the completion of the closing of title in escrow is Option C.