Outline discussion: The closing is the consummation of the real estate transaction. It brings together the buyer and seller as well as other individuals. Buyers bring certified funds to the closing in order to complete the transaction. The sellers are responsible for preparing a legally valid deed and the delivery of the deed by the sellers, with the acceptance of the deed by the buyers, signifies transfer of title between them. The student must learn the important procedural steps that occur at the closing, as well as the technological advances that have made closings more efficient and streamlined.

1. Given the fact that so many states have different approaches to the use of lawyers and nonlawyers to conduct closings, is there an argument that you can make supporting the exclusive use of attorneys (and paralegals) at real estate closings?