Closing Agents. (1) The term “closing agent” refers to the person or entity that prepares and provides the documents and services needed to complete the easement transaction. The closing agent is typically not an agent of either party but simply the person entrusted to carry out all nonconflicting instructions from all parties. In WRP easement transactions, the closing agent is hired by NRCS and thus is considered a buyer’s agent. The closing agent may be a title company, escrow company, qualified private attorney, abstractor, or Federal employee familiar with the preparation of such evidence in the jurisdiction in which the lands are situated.
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Samples: directives.sc.egov.usda.gov, directives.sc.egov.usda.gov, directives.sc.egov.usda.gov
