Final answer:
The escrow officer or settlement agent is responsible for handling the review and order of insurance policies, certificate of title, and the sale agreement at closing in a real estate transaction.
Step-by-step explanation:
The individual responsible for ordering and reviewing insurance policies, certificate of title, and the sale agreement at closing is typically the escrow officer or a settlement agent. An escrow officer, often associated with a title company, plays a neutral role in a real estate transaction, holding documents and funds on behalf of the buyer and seller, and disburses them accordingly at closing. This ensures that the transfer of ownership is completed meticulously and efficiently, with all financial and legal conditions met.
Escrow is a key concept here, where money and documents are deposited with a third party until specified conditions are met. This can include the payment of home insurance and property taxes, ensuring that these critical aspects are managed continuously throughout the homeownership. The escrow officer's duties also include confirming the property is free of liens, verifying that the insurance premium has been paid, and ensuring that the terms of the sale agreement are followed accurately.